In Reconciling a Bank Statement,the Bank Balance Is $1,500,and the Checkbook

question 236

Multiple Choice

In reconciling a bank statement,the bank balance is $1,500,and the checkbook balance is $2,105.Which of the following is the most probable reason for the checkbook balance being larger than the bank balance?

• A) The bank has not cleared certain outstanding checks.
• B) The bank has added interest revenue to the account balance.
• C) A deposit in transit was made at the end of the month.
• D) The bank received an EFT from a customer.

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Definitions:

Pericycle

A layer of cells found just inside the endodermis of plant roots, involved in the formation of lateral roots.

Endodermis

The innermost layer of cells in the root cortex of plants that regulates the transfer of water and nutrients to the vascular tissue.

Food Storage

Methods and techniques used to preserve food substances for later consumption.

Mesophyll

The inner tissue of a leaf, containing most of the chloroplasts where photosynthesis occurs.