Urgent.

On June 1, ABC Company accepts a $20,000, four-month, 6% promissory note in settlement of an account with XYZ company. ABC has a July 31 fiscal year end. The adjusting entry to record interest on July 31 is: Select one: a. Debit Interest Receivable $40 Credit Interest Revenue $40 O b. Debit Interest Receivable $20 Credit Interest Revenue $20 c. Debit Notes Receivable $120 Credit Unearned Interest Revenue $120 d. Debit Interest Receivable $120 Credit Interest Revenue $120 Which the following is the main reason for differences in cash balances between the bank statement and the company's general ledger cash account? Select one: O a. Banks prepare their bank statements on a different date than the month end dates used in company accounting records. O b. Due to unusual events as differences rarely occur between the cash balances in the bank statement and the general ledger cash account. O c. Time delays that prevent one party from recording a transaction in the same period as the other party. O d. The company accountant stealing cash from the company bank account. O e. Errors made by either the company or the bank. A cheque is written to replenish a $150 petty cash fund when the fund has receipts of $148 and $7 in cash. In recording the cheque: Select one: O a. Cash over and short should be debited for $5 O b. Cash should be credited for $148 O c. Cash over and short would be credited for $5 O d. Petty cash should be debited for $148 A. Smith has a balance of $410 in her chequebook (her Cash account) at the end of the month. The balance on her bank statement is $500. Reconciling items include deposits in transit of $250, outstanding cheques of $350, and service charges of $10. What is Suzanne's adjusted cash balance? Select one: O a. $410 O b. $390 O c. $400 O d. $500