Please answer all questions with explanations. Thank you! 2 points QUESTION 37 1. If Bounder Dog Supplies, Inc. purchased inventory at $2,200 list price and the terms were 3/10, n/30, what would be the value associated with the inventory if payment was made within 10 days? C $2,200. C $2,134. C $2,334. $2,268. 2 points QUESTION 38 1. The term cash equivalent refers to: Very liquid short-term investments such as U.S. Treasury Bills and commercial paper. An account receivable from a reliable customer who has always paid bills within the discount period. A guaranteed line of credit at the company's bank. An item such as a money order, travelers' check, or check from a customer. 2 points QUESTION 39 1. The bookkeeper prepared a check for $68 but accidentally recorded it as $86. When preparing the bank reconciliation, this should be corrected by: Adding $18 to the bank balance. Subtracting $18 from the bank balance. C Adding $18 to the book balance. Subtracting $18 from the book balance. 2 points QUESTION 40 1. After preparing a bank reconciliation, a journal entry would be required for which of the following: C A check for $48 given to a supplier but not yet recorded by the company's bank. C A deposit made by a company with a similar name and credited to your account. C A deposit in transit. Interest earned on the company's checking account