Russel Company Assembled the Following Information in Completing Its March

question 1

Multiple Choice

Russel Company assembled the following information in completing its March bank reconciliation: $$\begin{array} { l r } \text { Balance per bank } & \$ 11,460 \\\text { Outstanding checks } & \$ 2,325 \\\text { Deposits in transit } & \$ 3,750 \\\text { NSF check } & \$ 240 \\\text { Bank service charge } & \$ 75 \\\text { Cash balance per books } & \$ 13,200\end{array}$$ As a result of this reconciliation, Russel 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:

Acr/o

A prefix in medical terminology indicating extremities, peak, or topmost.

Posterior Lobe

The back part of an organ or gland, often referring specifically to the posterior lobe of the pituitary gland in the brain.

Prolactin Hormone

A hormone produced by the anterior pituitary gland that stimulates milk production following childbirth.

Adrenal Cortex

The outer layer of the adrenal glands that produces corticosteroid hormones, including cortisol and aldosterone, which regulate metabolism, immune response, and water and salt balance.