Question 1) The following checks were outstanding when you did last months bank reconciliation and remain outstanding this month: Check number Amount 3452 $1,000 3454 1,500 3455 2,000 What adjustment should you make this month?

Options)

Increase the book balance by $4,500

Increase the bank balance by $4,500

Reduce the book balance by $4,500

Reduce the bank balance by $4,500

No adjustment needed because they were outstanding last month

Question 2) After completing the bank reconciliation, journal entries are required:

Options:

		only for adjustments made to the book side
		only for adjustments made to the bank side
		for adjustments made to the book side and for adjustments made to the bank side

Question 3) You are given the following complete trial balance:

	Debits	Credits
Account A	$536
Account B	727
Account C	343
Account D	436
Account E		$1,044
Account F		322
Account G		218
Account H		894
	$2,042	$2,478

Which account appears to have its balance improperly transferred to the trial balance?

Options:

Account A

Account B

Account C

Account D

Account E

Account F

Account G

Account H

Please answer all of these questions and don't skip any of these