Unicycle Company Developed the Following Reconciling Information in Preparing Its

question 120

Multiple Choice

Unicycle Company developed the following reconciling information in preparing its September bank reconciliation: $$\begin{array} { l r } \text { Cash balance per bank, } 9 / 30 & \$ 24,000 \\\text { Note receivable collected by bank } & 12,000 \\\text { Outstanding checks } & 14,000 \\\text { Deposits in transit } & 7,000 \\\text { Bank service charge } & 150 \\\text { NSF check } & 2,400\end{array}$$ Determine the cash balance per books (before adjustments) for Unicycle Company.

• A) $2,450.
• B) $7,550.
• C) $9,550.
• D) $17,000.

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Definitions:

Consistency Motive

The psychological drive to maintain uniformity and coherence in one's beliefs, attitudes, and behaviors.

Affiliation Goal

A personal or social objective that involves connecting, belonging, or being accepted by others.

Target Customer

A target customer is an individual or group that a business aims to reach with its products, services, and marketing efforts, typically characterized by shared demographics, interests, or needs.

Negative Affect

A state of feeling or mood characterized by negative emotions such as sadness, anxiety, or anger.