QUESTION 1 On September 30, 2005, Dart Co's bank statement showed a balance of 58,510, and the checkbook showed a balance of 7,540 When preparing the bank reconciliation it was determined that a deposit of $780 was made too late to appear on the bank statement. Which of the following statement correctly details what should be done with this outstanding deposit when preparing the reconciliation? Add 5780 as an outstanding deposit to the bank statement balance section Deduct $780 as an outstanding deposit to the bank statement balance section Add $780 for the outstanding deposit to the checkbook balance section Deduct $780 for the outstanding deposit from the checkbook balance