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Where are bank service charges presented on a bank reconciliation? a. As a subtraction from the balance per bank b. As an addition to the

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Where are bank service charges presented on a bank reconciliation? a. As a subtraction from the balance per bank b. As an addition to the balance per company records Oc. As a subtraction from the balance per company records d. As an addition to the balance per bank QUESTION 24 Which of the following policies would enhance internal control over cash? 1. Requiring that bills be paid in currency (bills and coins) whenever possible II. Having bank reconciliations prepared by an employee who does not also sign checks O a. Il only b. Both I and II c. I only d. Neither I nor 11 QUESTION 25 Which of the following is reported as cash on a balance sheet? Sales Savings Accounts a. Sales only b.Both Sales and Savings Accounts c. Savings Accounts only O d. Neither Sales nor Savings Accounts QUESTION 26 1. Which of the following is one of the reasons for preparing a bank reconciliation? Determine the actual balance in a checking account II. Discover errors in the checking account a. Both I and II b.I only O c. ll only d. Neither I nor

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