i need those tow Qs plz

QS 7-11 Bank reconciliation L06 Your accountant has been asked to prepare the bank reconciliation for Ultimate Discs (UD), a store that sells frisbees. You login to the online bank statement and note that the bank balance is $66,362 as at March 31. 2017. The amount of cash recorded in the accounting records (the books) is $64,800. You go through the online bank statement and notice an electronic fund transfer from a customer for $2,300. This customer had purchased goods on account. UD earned $48 of interest income, but was also charged a $25 service charge as the cash balance dropped below the minimum balance of $70,000 this month. The bank notified you that one of the cheques you had deposited had insufficient funds in that customer's bank account. The cheque and bank charges are $761. Required a. Prepare a bank reconciliation at March 31, 2017 b. Prepare the necessary journal entries. Q8 7-12 Quick ratio 107 Your company has a policy of granting credit only to customers whose quick ratio is greater than or equal to 1. Based on this policy, determine if the following companies would be granted credit (round to two decimal places). Why or why not? Company A Company B Cash $1,200 $1.200 Accounts receivable. 2,700 2.700 Inventory 5,000 5,000 Prepaid expenses 600 600 Accounts payable... 3.100 4,750 Other current liabilities 250 950 ***** 497