President's salaries, depreciation of office furniture, and ...

[jman1234]

President's salaries, depreciation of office furniture, and office supplies are
 a. selling expenses
  b. miscellaneous expenses
  c. administrative expenses
  d. inventory expenses

Question 2

The accountant for Midway Company is reconciling the company's cash account with the bank statement. Below is a list of items that will be included in the reconciliation.
 
  Write the LETTER for each item as either an addition to or a subtraction from either the bank balance or the book balance.
 
  a. Midway Company deposited 200 worth of checks that are not on the bank statement.
  b. A customer's check for 118 was returned by the bank for insufficient funds.
  c. There are 2,980 worth of outstanding checks.
  d. The bank collected a note receivable for Midway Company worth 500.
  e. The bank charged Midway Company 10 to collect the note receivable.
  f. 20 of other bank service charges appears on the bank statement.
 
  Bank Balance Book Balance
  Add: Add:
 
  Subtract: Subtract:

[JaynaD87]

Answer to Question 1

c

Answer to Question 2

Bank Balance Book Balance
Add: Add:
a. d.

Subtract: Subtract:
c. b.
e.
f.