On the April 30 Bank Reconciliation, a Deposit Made by a Company

question 60

Multiple Choice

On the April 30 bank reconciliation, a deposit made by a company to its bank account on April 18 will likely appear as a(n)

• A) addition to the balance per books.
• B) deduction from the balance per books.
• C) deduction from the balance per bank.
• D) This will not affect the current period's bank reconciliation.

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Definitions:

Total Rate of Return

The comprehensive yield on an investment over a specific period, considering both capital gains and dividends or interest, expressed as a percentage of the initial investment.

Dividend Growth Model

A valuation method that estimates the price of a company’s stock based on the dividend per share and the dividend growth rate.

Constant Rate

A fixed rate, without variation or fluctuation over time.

Dividends

Dividends are payments made by a corporation to its shareholder members, usually derived from the company's profits.