Question 21 When completing a bank reconciliation, what action should you take regarding "Deposits-In- Transit". Add the item to the Bank's side Subtract the item from the Bank's side. Add the item to the company Book's balance Subtract the item from the company's Book balance. Question 22 Current assets Obligations due to be paid within one year or within the company's operating cycle, whichever is longer, are: Current liabilities Earned revenues O Operating cycle liabilities Question 23 O 60,000 gain $40,000 loss 1 pts Corp sold a machine for $60,000 cash (original cost was $100,000). The accumulated depreciation on the machine was $40,000. Corp should recognize a: $20,000 loss 1 pts no gain or loss 1 pts

Can someone help with these three questions? Thank you!!

When completing a bank reconciliation, what action should you take regarding \"Deposits-InTransit\": Add the item to the Bank's side Subtract the item from the Bank's side. Add the itern to the company Book's balance Subtract the item from the company's Book balance. Question 22 1 pts Obligations due to be paid within one year or within the company's operating cycle, whichever is longer, are: Current assets Current liabilities Earned revenues Operating cycle liabilities Question 23 1 pts Corp sold a machine for \\( \\$ 60,000 \\) cash (original cost was \\( \\$ 100,000 \\) ). The accumulated depreciation on the machine was \\( \\$ 40,000 \\). Corp should recognize a: 60,000 gain \\( \\$ 40,000 \\) loss \\( \\$ 20,000 \\) loss no gain or loss