A Bank Charge of $40 for Imprinting Checks Would Appear

question 80

Multiple Choice

A bank charge of $40 for imprinting checks would appear on the bank reconciliation as an) to or from the balance.

• A)addition; book
• B)addition; bank
• C)deduction; bank
• D)deduction; book

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Definitions:

Physical Interaction

The process by which two or more bodies influence each other through physical forces like gravity, electromagnetism, or contact forces.

Logical Reasoning

The process of using a logical sequence to derive a conclusion from a set of premises, often used in problem-solving.

Abstract Operations

A stage in Piaget's theory of cognitive development where individuals can think abstractly and reason logically.

Formal Operational Thought

A stage of cognitive development, as defined by Piaget, in which individuals can think abstractly and logically.