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London Corp. London Corp. identified the following data in preparing a bank reconciliation on October 31, 2008. Bank statement balance $29,600 London's book balance (before

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London Corp. London Corp. identified the following data in preparing a bank reconciliation on October 31, 2008. Bank statement balance $29,600 London's book balance (before adjustments) Outstanding checks 3,100 NSF checks 300 Service charges 200 Deposits in transit 2,200 Interest earned on checking account 100 Question 58 2 pts Refer to London Corp. How much is London's adjusted cash balance on October 31, 2010? Question 58 2 pts Refer to London Corp. How much is London's adjusted cash balance on October 31, 2010? $29,600 $28,300 $28,700 $29.100 Question 59 2 pts Refer to London Corp. How much is London's balance in its accounting records before adjustment? $28,700 $29.100 $29,600 $28,300 Question 60 2 pts Refer to London Corp. What is the net amount of the adjustments to London's cash balance as a result of the bank reconciliation? Question 60 2 pts Refer to London Corp. What is the net amount of the adjustments to London's cash balance as a result of the bank reconciliation? $900 decrease $400 decrease $400 increase No amounts need to be recorded Question 61 2 pts Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company? Segregation of duties Proper authorizations Safeguarding of assets and records Independent verifications

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