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8. A deposit receipt is: A. given by the customer to the bank as a proof of deposit. B. the same as a signature card C. used by the bank as an alternative to a remittance advice. D. retained by the customer as proof of a deposit transaction. 9. Which one of the following is true of a signature card? A. It shows each authorized person's signature for a bank account. B. It is the same as a deposit receipt and acts as a proof of the deposit transaction. C. It must be signed by a banking authority fora checking account at a bank. D. It can only be used for bank accounts of individuals not for the bank accounts of businesses. 10. When a check is issued, the party who is paying the cash is referred to as the A. payee B. maker C. bank signatory D. depositor 11. A check for which a maker's bank account has inadequate money to pay the check is known as A. nonsufficient funds checks B. outstanding checks C. restrictive checks D canceled checks 12. The following information is available for Jack's Inc., for the current month Book balance end of the month Outstanding checks Deposits in transit Service charges Interest revenue $6,875 65 3.500 35 What is the adjusted book balance on the bank reconciliation? A. S9,600 B. $7,480 C. $6,755 D. $6,825 13. A company received a bank statement showing a balance of $75,100. Reconciling items included outstanding checks of $2,250, and a deposit in xansit of $9,500. What is the company's adjusted bank balance? A. $63,350 B. $67,850 C. $82,350 D.$65,600 14. Which of the following would be included in the journal to record an NSF check? A. Debit: Accounts Payable; B. Debit: Accounts Receivable; C. Debit: Cash; D. Debit: Bank Expense; Credit: Cash Credit: Cash Credit: Accounts Receivable Credit: Cash 2