Mia Wong's Checking Account Had a Balance of $3,100

question 44

Multiple Choice

Mia Wong's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $60.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What is the reconciled checkbook balance?

• A) $3,527
• B) $5,327.50
• C) $3,627.50
• D) $3,267.50
• E) None of these

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Definitions:

Social Strata

Social strata refer to the layers of social classes or statuses within a society, often based on factors like wealth, occupation, and education.

Cohorts

Groups of individuals who share a common characteristic or experience within a defined period.

Allies

Allies are individuals, groups, or nations that join together in a partnership for mutual benefit, often in a political or military sense.

Bicultural Identity Model

The bicultural identity model explains how individuals navigate and merge two distinct cultural identities, balancing and integrating aspects of both cultures into their personal identity.