If a Check That Was Outstanding on Last Period's Bank

question 171

Multiple Choice

If a check that was outstanding on last period's bank reconciliation was not among the cancelled checks returned by the bank this period,in preparing this period's reconciliation,the amount of this check should be:

• A)Added to the book balance of cash as an outstanding check.
• B)Deducted from the book balance of cash as an outstanding check.
• C)Added to the bank balance of cash as an outstanding check.
• D)Deducted from the bank balance of cash as an outstanding check.
• E)Ignored in preparing the period's bank reconciliation as an outstanding check.

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Definitions:

Sigmund Freud

Originating from Austria, this neurologist established psychoanalysis - a therapeutic approach that uses discussions between a patient and an analyst to address mental health issues.

Psychological Disorders

Patterns of behavioral or psychological symptoms that impact multiple areas of life and create distress for the person experiencing them.

Dissociative Amnesia

A disorder characterized by the inability to recall important personal information, usually of a traumatic or stressful nature, that cannot be explained by ordinary forgetfulness.

Retrograde Amnesia

Loss of memory from the point of some injury or trauma backward, or loss of memory for the past.