In Preparing Its Bank Reconciliation for the Month of April

question 95

Multiple Choice

In preparing its bank reconciliation for the month of April 2014, Franklin, Inc. has available the following information. What should be the adjusted cash balance at April 30, 2014?

• A) $59,055.
• B) $58,410.
• C) $57,735.
• D) $57,705.

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Definitions:

Unstable

Lacking in stability, predictability, or consistency, often leading to unpredicted changes or outcomes.

Specific Factors

Elements or conditions that are distinct and contribute to a particular outcome or situation.

Prototype

The object that has the greatest number of attributes characteristic of the concept and that is therefore the most typical member of that concept.

Attribute

A feature of an object or event that varies from one instance to another.