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Question #1 Each of the items in the following list must be accounted for in the bank reconciliation. Next to each item, enter the appropriate
Question #1 Each of the items in the following list must be accounted for in the bank reconciliation. Next to each item, enter the appropriate letter from the following possible treatments: (a) bank side of reconciliation-add the item (b) bank side of reconciliation-subtract the item (c) book side of reconciliation-add the item (d) book side of reconciliation-subtract the item + Outstanding Cheque NSF cheque Bank Service Charge Cost of printed cheques EFT receipt Bank error that decreased the bank balance Deposit in transit Bank Collection EFT payment Customer cheque returned because of unauthorized signature Book error that increased balance of Cash account Question #2 Record the following petty cash transactions of Lexite Laminated Surfaces in general journal form (explanations are not required): April 1 Established a petty cash fund for $200. April 30 The fund is replenished. The petty cash fund has $19 in cash and $187 in petty cash tickets that were issued to pay for office supplies-S117 and entertainment expense-$70. General Journal Date Account Title Debit Credit
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