A Bank Collected $200 on Behalf of Its Customer

question 25

Multiple Choice

A bank collected $200 on behalf of its customer. The $200 should appear on the bank reconciliation as:

• A)added to the book balance.
• B)The collection would not appear on the bank reconciliation.
• C)deducted from the book balance.
• D)added to the bank balance.

---

Definitions:

Non-social Sources

Origins or resources of information or influence that are not based on interpersonal interactions, such as books, websites, or independent observation.

Social Sources

The various societal factors or entities from which attitudes, behaviors, or norms may originate.

Credible Feedback

Feedback that is perceived as trustworthy and reliable, often based on evidence or the credibility of the source, facilitating learning and development.

Goal Difficulty

Refers to the complexity or challenge involved in achieving a specific goal, which can affect motivation and the effort required to attain it.