If a Check Correctly Written and Paid by the Bank

question 74

Multiple Choice

If a check correctly written and paid by the bank for $584 is incorrectly recorded on the company's books for $548, the appropriate treatment on the bank reconciliation would be to

• A) deduct $36 from the book's balance.
• B) add $36 to the book's balance.
• C) deduct $36 from the bank's balance.
• D) deduct $584 from the book's balance.

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Definitions:

Psychological Dependence

A condition in which an individual feels a compelling emotional need for a substance or behavior, despite potential negative consequences.

Psychological Dependence

A compulsive need to experience a substance, activity, or behavior to achieve a desired emotional state, often associated with addiction.

Intense Emotional

Involves feelings that are deeply felt and can be overwhelming, influencing a person's behavior and thoughts intensely.

Mental Craving

A powerful and often uncontrollable desire or longing for a specific substance, experience, or activity, typically associated with addiction or dependence.