Use the following information to answer questions 14 - 16: The bank statement for Sysko Ltd. indicates a balance of $2,660 on January 31. The company's Cash in Bank account had a balance of $998 on this date. The following information pertains to the bank transactions for the company. a. Deposits of $320, representing cash receipts of January 31, did not appear on the bank statement. b. Outstanding cheques totalled $480. c. Bank service charges for January amounted to $18. d. The bank collected a note receivable for the company for $1,600 plus $80 of interest revenue. e. A cheque for $160 from a customer was returned with the statement and marked NSF. 14 of 38 Mar The preparation of a bank reconciliation requires that the following adjustments to the cash balance on the bank statement Select one O a Addition of the deposit in transit and deduction of the outstanding cheques. O b. Addition of the outstanding cheques and deduction of the deposit in transit. O c. Addition of the note and interest collected by the bank and deduction of the cheque marked NSF. O d. Deduction of the outstanding cheques and the cheque marked NSF. Unsure No 2 15 of 38 The balance of the adjusted cash balance per books should be: Select one: O a. $2.980. b. $2,500 C. $2,820 d. $2,660. of 38 Which of the following should not be included in the journal entries prepared by Sysko at January 31 due to the bank reconciliation? Select one: a. A credit to interest revenue for $80 and a credit of cash for $80. b. A debit to accounts receivable of $160 and a credit of cash for $160. c. A debit to bank service charge for $18 and a credit of cash for $18. O d. A debit to outstanding cheques for $480 and a credit of cash for $480