Question 24 (1 point A Cheque for $ 3,000 received from customers but not deposited yet in the bank yet. Effect of this would be a. Balance in GL would be more by $3,000 b. Balance in Bank would be more by $3,000 c. Balance in GL would be less by $ 3,000 d. Balance in Bank would be less by $ 3,000 Which of the above statements are True? b Both A&B Both A&C Both B &D Both C&D OC d Question 25 (2 points) For the current month, Brixell Company had net sales of $13,000. Brixell typically achieves a gross profit of 15%. Cost of goods sold under the gross profit method would be a $ 14950 $7,000 $ 6,000 $ 11,050 d