If a Check Correctly Written and Paid by the Bank

question 76

Multiple Choice

If a check correctly written and paid by the bank for $517 is incorrectly recorded on the company's books for $571, the appropriate treatment on the bank reconciliation would be to

• A) add $54 to the bank's balance.
• B) add $54 to the book's balance.
• C) deduct $54 from the bank's balance.
• D) deduct $517 from the book's balance.

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Definitions:

Social Construction

The theory that perceptions of reality are shaped by the collective beliefs and values of society.

Gender Socialization

The process by which individuals learn the cultural norms and expectations associated with their gender through social interactions.

Nature-versus-nurture

An ongoing debate in psychology and sociology regarding the relative impact of genetic inheritance (nature) and cultural and environmental influences (nurture) on human behavior and traits.

Gender

A societal concept encompassing the expected duties, behaviors, pursuits, and characteristics deemed suitable for males and females by a specific culture.