Which of the following is considered cash for financial reporting purposes? A. Accountants receivable. B. Investment with maturity dates greater than three months. C. Checks received from customers. D. Accounts payable. On May 31, Money Corporation's Cash account showed a balance of $10,000 before bank reconciliation was prepared. After examining the May bank statement and items included with it, the company's accountant found the following items: Checks Outstanding $2, 250 Deposits Outstanding 1, 900 NSF Check 100 Service Fees 40 Error: Money Corp. wrote a check for $300 but recorded it incorrectly for What is the amount of cash that should be reported in the company's balance sheet May 31? A. $9, 860. B. $9, 650. C. $10, 130. D. $10, 410. McGregor Company allows customers to pay with credit cards. The credit card charges McGregor 3% of the sale. When a customer uses a credit card to pay $200 for services provided, McGregor would: A. Debit Cash for $200. B. Credit Service Revenue for $194. C. Debit Service Fee Expense for $6. D. Credit Service Revenue for $206. The following information was taken from the bank reconciliation for Inc. at the end of 2012: Bank balance: $8,000 Checks outstanding. $5, 800 Note collected by the bank: $1, 500 Service fee: $20 Deposits outstanding: $4,000 NSF check (bad check) returned for $300 What is the correct cash balance that should be reported in Mooner sheet at the end of 2012? A. $10, 200. B. $7, 400. C. $6, 200. D. $6, 160