All of the Following Bank Reconciliation Items Would Result in an Adjusting

question 175

Multiple Choice

All of the following bank reconciliation items would result in an adjusting entry on the company's books except

• A)interest earned.
• B)deposits in transit.
• C)fee for collection of note by the bank.
• D)NSF check of a customer.

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Definitions:

Miracle Case

The landmark 1952 Supreme Court case (Burstyn, Inc v. Wilson) that ruled the government could not censor a film on the basis of it being "sacrilegious," significantly influencing free speech in entertainment.

Supreme Court Decision

A ruling made by the Supreme Court, the highest judicial body in a country, which sets a legal precedent or resolves a legal dispute.

First Amendment Protections

Legal guarantees in the United States Constitution that prohibit the government from making laws which regulate an establishment of religion, or that would prohibit the free exercise of religion, or abridge the freedom of speech, the freedom of the press, the right to peaceably assemble, or the right to petition the government for a redress of grievances.

Conglomerate Era

A period in media history starting in the late 20th century where large corporations acquired many media companies, affecting diversity in film and television production.