6 Deposits in transit (DIT'S) A) have beeo recorded...

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6 Deposits in transit (DIT'S) A) have beeo recorded os the company's books bot not yet by the bank. B) have been recorded by the bank but not yet hy the company C) have not been recorded by the bank or the company D) are checks from customers which have not yet been received lby the commpumy 7. A Check returned by the Bank marked "NSF" nEs A) No service fee. B) No signature forund C) Not satisfactorily filled-out D) Not sufficient funds 8. In preparing its bank reconciliation for the month of April 2011, 1a0 Shu Mullen, Inc has available the tollowing information Balance per bank statement, 4/3v11 NSF check returned with 4/3011 bunk statement Deposits in transit, 4/3011 Outstanding checks, 4/3011 Bank service charges for Apeil 5,000 5,200 20 What should be the Adjusted Bank Balance at April 30, 2011? A) $39,370. B) $38,940. C) $38,490. D) $38,470. 9. In preparing its hank recoscillation for the month of April 2011, Ma Shu Mullen, Inc has available the following information Balance per bank statement, 4/30111 NSF check returned with 4/30/11 bank statement Deposits in transit, 4/3011 Outstanding checks, 4/30/11 Bank service charges for April 10,400 40 What shouald be the Adjusted Bank Balanee at April 30, 2011? A) $78,740. B) S77,880. C) $76,980. D) $76,940 Pape 2

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