Which of the Following Would Be Added to the Balance

question 189

Multiple Choice

Which of the following would be added to the balance per bank on a bank reconciliation?

• A)Outstanding checks.
• B)Deposits in transit.
• C)Notes collected by the bank.
• D)Service charges.

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Definitions:

Luxury

Goods or services that are considered non-essential but desired for their quality, status, or comfort they provide.

Substitutes

Products or services that can replace or be used in place of another, offering consumers alternative choices.

Demand for Gasoline

The consumer's desire and ability to purchase gasoline at various price points.

Unit Elastic

A situation in economics where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.