the book side of a bank reconciliation includes:

a. outstanding checks and deposits in transit

b. outstanding checks, NSF checks and cost of printed checks

c. NSF checks, bank collections and interest earned on the checking account

d. deposits in transit, bank collections, and NSF checks

Which one of the following is correct regarding inventory error? Understating ending inventory has no effect on the following year's beginning inventory. Overstating ending inventory will result in overstated net income. Understating ending inventory will result in overstated retained earnings. Overstating endir inventory will also overstate cost of goods sold. On January 1, 2018, Houstonian Inc. has beginning inventory of $3,000. It purchases additional inventory totaling $1,500. On January 31, 2018, Houstonian Inc.'s ending inventory decreases to $2,000. What is the cost of goods sold for the company in January 2018? $2,500 $3,500 $2,000 $1,000 The net realizable value of accounts receivable is: the difference between accounts receivable and its contra asset account. the difference between accounts receivable and uncollectible-account expense. the amount of accounts receivable that the company expects to collect. both A and C