Author Question: Team Shirts made a deposit of 150 on March 31 to its account at First Bank. The deposit did not ... (Read 104 times)

Marty · **on:** Jul 5, 2018

Team Shirts made a deposit of 150 on March 31 to its account at First Bank. The deposit did not appear on the March bank statement. On its bank reconciliation, Team Shirts should ________.

A) add 150 to the Team Shirts' balance per books
B) subtract 150 from the Team Shirts' balance per books
C) add 150 to the balance per bank statement
D) subtract 150 from the balance per bank statement

Question 2

A check involves three parties. The person directed to receive the money is called the
a. drawer.
b. drawee.
c. payee.
d. endorser.