Russel Company Assembled the Following Information in Completing Its March

question 34

Multiple Choice

Russel Company assembled the following information in completing its March bank reconciliation: $$\begin{array} { l r } \text { Balance per bank } & \$ 19,100 \\\text { Outstanding checks } & \$ 3,875 \\\text { Deposits in transit } & \$ 6,250 \\\text { NSF check } & \$ 400 \\\text { Bank service charges } & \$ 125 \\\text { Cash balance per books } & \$ 22,000\end{array}$$ As a result of this reconciliation, Russel will

• A)reduce its cash account by $2,375.
• B)reduce its cash account by $125.
• C)increase its cash account by $275.
• D)reduce its cash account by $525.

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Definitions:

Olfactory Epithelium

A specialized epithelial tissue inside the nasal cavity involved in smell, where odorant molecules bind to receptor neurons, initiating the sense of smell.

Papillae

Small projections on the surface of the tongue that contain taste buds, which are sensitive to the chemical composition of foods and liquids.

Bulb

A rounded underground storage organ present in some plants, notable for its role in perennial growth and flowering.

Basic Quality

A fundamental characteristic or attribute that defines or greatly influences something's nature or essence.