ity was recorded in the journal as $720. This 45. A check drawn by a company for $270 in payment of a liability was recorded item would be included on the bank reconciliation as an a. addition to the balance per the company's records b. addition to the balance per the bank statement c. deduction from the balance per the bank statement d. deduction from the balance per the company's records 46. Accompanying the bank statement was a debit memo i k statement was a debit memo for bank service charges. On the bank reconciliation, the item is a. a deduction from the balance per company's records b. an addition to the balance per bank statement c. a deduction from the balance per bank statement d. an addition to the balance per company's records 47. A check drawn by a company in payment of a vouch rawn oy a company in payment of a voucher for $635 was recorded in the journal as $302. This item would be included in the bank reconciliation as a(n) a. deduction from the balance per the company's records b. addition to the balance per the bank statement c. deduction from the balance per the bank statement d. addition to the balance per the company's records 48. The amount of deposits in transit is included on the bank statement as an) a. deduction from the balance per the company's books b. deduction from the balance per bank statement c. addition to the balance per bank statement d. addition to the balance per company books 49. A $150 petty cash fund has cash of $28 and receipts of $110. The journal entry to replenish the account would include a a. credit to Petty Cash for $82. b. debit to Cash for $110. c. debit to Cash Over and Short for $12. d. credit to Cash for $110 50. A minimum cash balance required by a bank is called a. cash in bank b. cash equivalent c. compensating balance d. EFT