Tavarez Company Assembled the Following Information in Completing Its July

question 106

Multiple Choice

Tavarez Company assembled the following information in completing its July bank reconciliation: balance per bank $11,460; outstanding checks $2,325; deposits in transit $3,750; NSF check $240; bank service charge $75; cash balance per books $13,200. As a result of this reconciliation, Tavarez will

• A) reduce its cash account by $1,425.
• B) reduce its cash account by $75.
• C) increase its cash account by $165.
• D) reduce its cash account by $315.

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Definitions:

Self-identity

A person's perception and understanding of themselves, including their characteristics, traits, and values.

Peer Approval

The positive acceptance or endorsement by one's peers or individuals of the same age or social group.

Cognitive Skills

These are the mental abilities that encompass learning, thinking, reasoning, problem-solving, memory, decision-making, and attention.

Pretests

Initial assessments or tests conducted before an intervention or experiment to establish a baseline for comparing post-test outcomes.