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In a bank reconciliation, if the bank statement shows $5000 and the company balance indicates $5350 as the cash balance we should $300 to/from the

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In a bank reconciliation, if the bank statement shows $5000 and the company balance indicates $5350 as the cash balance we should $300 to/from the bank balance for a deposit we made but hadn't been posted and subtract from our balance for a fee the bank assessed. Do nothing because they are llkely in balance Do nothing because the difference is not material Add, $50 Subtract, $50 Question 2 1pts The main purpose of internal controls are to: Increase revenues Stop managers from stealing Follow accounting rules Safeguard assets Question 3 1pts A burger plate costs Bobbie's Burgers $1 in food costs. The burger plate sells for $4. The food cost percentage is Standard, $1 Actual, $1 standard, 25% Theoretical, 10%

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