If a Check Correctly Written and Paid by the Bank

question 65

Multiple Choice

If a check correctly written and paid by the bank for $854 is incorrectly recorded on the company's books for $845 the appropriate treatment on the bank reconciliation would be to

• A) deduct $9 from the book's balance.
• B) add $9 to the book's balance.
• C) deduct $9 from the bank's balance.
• D) deduct $854 from the book's balance.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.