Clark Company Developed the Following Reconciling Information in Preparing Its

question 39

Multiple Choice

Clark Company developed the following reconciling information in preparing its September bank reconciliation: $\begin{array}{lr}\text { Cash balance per bank, } 9 / 30 & \$ 46,200 \\\text { Note receivable collected by bank } & 25,200 \\\text { Outstanding checks } & 37,800 \\\text { Deposits in transit } & 18,900 \\\text { Bank service charges } & 315 \\\text { NSF check } & 5,040\end{array}$ Using the above information, determine the cash balance per books (before adjustments) for the Clark Company.

• A)$41,055.
• B)$65,100.
• C)$7,455.
• D)$63,000.

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Definitions:

Chartjunk

Refers to all the unnecessary or distracting decorations or styling in charts that do not improve the reader’s understanding and can actually obscure the data.

3D Graphs

Visual representations of data in three dimensions, enhancing the comprehension of complex relationships.

Gantt Charts

Bar charts used to show schedules. Gantt charts are most commonly used in proposals.

Bar Charts

A graphical representation of data using rectangular bars to show the comparative sizes of various categories.