The Accountant for a Local Manufacturing Company Is Reconciling the Company’s

question 98

Multiple Choice

The accountant for a local manufacturing company is reconciling the company’s bank account for May. For each item listed, state how it would be handled on a bank reconciliation. (Choices may be used more than once.)
-Check written on the company's account in May and paid by the bank is returned with the bank statement

• A)Addition to bank balance
• B)Subtraction from bank balance
• C)Addition to company balance
• D)Subtraction from company balance
• E)Not included on the reconciliation

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Definitions:

Good Grades

Academic scores or assessments that indicate a high level of understanding or competence in the subject matter studied.

Negative Reinforcement

A process in which a response or behavior is strengthened by stopping, removing or avoiding a negative outcome or aversive stimulus.

Stimulus

Any event or object in the environment that evokes a response from an organism.

Behavior

The actions or reactions of an organism or system, usually in response to external stimuli, observable and measurable by others.