A Cheque for the Cash Purchase of Supplies for $239

question 84

Multiple Choice

A cheque for the cash purchase of supplies for $239 was recorded on the books as $329. On a bank reconciliation, this will appear as a(n) :

• A)addition to the book balance.
• B)deduction from the book balance.
• C)addition to the bank balance.
• D)deduction from the bank balance.

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Definitions:

Trees

Perennial plants with elongated stems, or trunks, supporting branches and leaves.

Choice-Of-Law

A contractual clause that specifies which jurisdiction's laws will govern in the interpretation and dispute resolution of a contract.

Forum-Selection

A clause in a contract that designates the specific court, jurisdiction, or venue where disputes arising under the contract will be resolved.

Choice-Of-Language

A contractual provision specifying the language to be used in interpreting the terms of the contract.