Adler Company Developed the Following Reconciling Information in Preparing Its

question 221

Multiple Choice

Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r } \text { Cash balance per bank, } 12 / 31 & \$ 20,000 \\\text { Note receivable collected by bank } & 10,000 \\\text { Outstanding checks } & 15,000 \\\text { Deposits in transit } & 7,500 \\\text { Bank service charge } & 125 \\\text { NSF check } & 2,000\end{array}$$ Using the above information, determine the cash balance per books (before adjustments) for the Adler Company.

• A) $4,625.
• B) $27,500.
• C) $14,625.
• D) $20,000.

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Definitions:

Performance

The act of carrying out or accomplishing tasks and activities, measured against pre-determined standards or goals.

Attitude-Behavior Link

The connection between an individual's attitudes or beliefs and their subsequent behaviors or actions.

Self-Monitoring

The extent to which individuals regulate their behavior to adapt to social situations, based on their awareness of social cues and their desire to be socially accepted.

Attitude Relevance

The degree to which an individual's belief, feeling or behavior is connected or pertinent to their values, interests, or identity.