At April 30, Mendoza Company Has the Following Bank Information

question 141

Multiple Choice

At April 30, Mendoza Company has the following bank information: $$\begin{array} { l r } \text { Cash balance per bank } & \$ 3,600 \\\text { Outstanding checks } & \$ 280 \\\text { Deposits in transit } & \$ 550 \\\text { Credit memo for interest } & \$ 10 \\\text { Bank service charge } & \$ 20\end{array}$$ What is Mendoza's adjusted cash balance on April 30?

• A)$3,860.
• B)$3,880.
• C)$3,330.
• D)$3,870.

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Definitions:

Motivate Behaviour

The process of stimulating an individual to act in a certain way or to pursue particular goals through internal or external incentives.

External Goal

Objectives or outcomes sought after that exist outside of an individual's internal desires or motivations.

Drive Theory

A psychological theory that posits human behavior is motivated by biological drives that seek homeostasis.

Physiological Equilibrium

The state of balance or stability in the body's internal environment, maintained through various biological processes.