If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, how should this error be treated on the bank reconciliation? 57 Multiple Choice Subtract $45 from the bank's balance Add $45 to the bank's balance Subtract $45 from the book balance. Add $45 to the book balance. Subtract $45 from the bank's balance and add $45 to the book's balance Great Falls Company's bank reconciliation as of February 28 is shown below. Bank balance +Deposit in transit - Outstanding checks $ 37,643 2,950 -1,730 Book balance. Note collection Check printing $ 38,863 Adjusted book balance $ 38,153 +745 -35 Adjusted bank balance $ 38,863 One of the journal entries that Great Falls Company must record as a result of the bank reconciliation includes: Multiple Choice Debit Notes Payable $745; credit Cash $745 Debit Cash $745; credit Notes Receivable $745. Debit Cash $2,950; credit Sales $2,950. Debit Cash $2,950; credit Accounts Receivable $2.950. Debit Miscellaneous Expense $35; credit Accounts Payable $35