Lorena Received Her Bank Statement on March 8, Showing a Balance

question 6

Multiple Choice

Lorena received her bank statement on March 8, showing a balance of $3,296.14. The balance shown in her checkbook was $2,796.69. Deposits in transit amounted to $348.11 and there was a service charge of $6.00. Outstanding checks were $280.35, $283.66, and $161.93, and the interest earned was $127.62. Find the reconciled balance.

• A) $2,790.69
• B) $3,296.14
• C) $2,570.20
• D) $2,918.31

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Definitions:

Divided Representation

The condition in which different political parties control different branches of government or different chambers of a legislative body, leading to a division in policy-making authority.

Australian Ballots

Australian ballots are secret ballots that are prepared and distributed by the government and marked in private by voters, used to ensure the confidentiality of the vote.

Ticket Splitting

The practice of voting for candidates of different political parties for different offices in the same election.

Big Government

A term often used to describe a government that is seen as overly involved in the daily lives of its citizens, especially in terms of regulation and taxation.