Your Company Writes a Check for $857

question 53

Multiple Choice

Your company writes a check for $857. Which of the following describes how this transaction should be accounted for?

• A) You add $857 to your recorded cash balance and the bank deducts $857 from your checking account balance.
• B) You deduct $857 from your recorded cash balance and the bank deducts $857 from your checking account balance.
• C) You add $857 to your recorded cash balance and the bank adds $857 to your checking account balance.
• D) You deduct $857 from your recorded cash balance and the bank adds $857 to your checking account

---

Definitions:

Theoretical Syntheses

The integration of various theories or ideas into a coherent and comprehensive framework or model.

Sociological Theories

These are systematic ideas that attempt to explain how societies operate, evolve, and the interactions between different societal components.

Large-Scale Social Phenomena

Broad, complex social processes or patterns that affect large numbers of people across wide geographical areas or historical periods.

Theories of Globalization

Diverse perspectives and approaches used to analyze the processes of global interconnection and the impact of worldwide integration of cultural, economic, and political factors.