A Check Written by the Company for $275 Is Incorrectly

question 14

Multiple Choice

A check written by the company for $275 is incorrectly recorded by a company as $257.On the bank reconciliation, the $18 error should be

• A)added to the balance per books.
• B)deducted from the balance per books.
• C)added to the balance per bank.
• D)deducted from the balance per bank.

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Definitions:

Infant Mortality Rate

The number of deaths of infants under one year of age per 1,000 live births in a given year.

Replacement-Level Fertility

The average number of children that must be born to women of reproductive age in a population to replace the number of people dying, ensuring population stability.

Demography

The statistical study of populations, analyzing structure, distribution, and trends through births, deaths, migrations, and aging.

Developing Countries

Nations with a lower living standard, undeveloped industrial base, and lower Human Development Index relative to other countries.