The following data were taken from the records of Menendez Company: Current assets $5,000
Property, plant, and equipment 10,000
Current liabilities 3,500
Long-term liabilities 5,000
Stockholders' equity 6,500

What is Menendez Company's working capital?
a. $1,500
b. $5,000
c.1.00
d. $6,500

The following items could appear on a bank reconciliation: a. outstanding checks, $670. b. deposits in transit, $1,500. c. nsf check from customer, no. 548, for $175. d. bank collection of note receivable of $800, and interest of $80. e. interest earned on bank balance, $20. f. service charge, $10. g. the business credited cash for $200. the correct amount was $2,000. h. the bank incorrectly decreased the business's by $350 for a check written by another business. classify each item as (1) an addition to the book balance, (2) a subtraction from the book balance, (3) an addition to the bank balance, or (4) a subtraction from the bank balance.