Trudy, Inc

question 35

Multiple Choice

Trudy, Inc. had the following bank reconciliation at March 31, 2018: All reconciling items at March 31, 2018 cleared the bank in April. Outstanding checks at April 30, 2018 totaled $6,000. There were no deposits in transit at April 30, 2018. What is the cash balance per books at April 30, 2018?

• A) $25,900
• B) $31,900
• C) $34,200
• D) $38,500

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Definitions:

Karl Marx

A German philosopher, economist, and socialist revolutionary best known for his theories about capitalism and communism.

Class Consciousness

An individual's awareness of belonging to a particular social or economic class and the political implications of that class alignment.

Feudal System

A social and economic system in medieval Europe where land was owned by lords who provided protection and land to vassals in exchange for military service and other duties.

Nobles

Members of a social class that is a step below royalty and generally has hereditary titles or honors.