If a Cheque Correctly Written and Paid by the Bank

question 64

Multiple Choice

If a cheque correctly written and paid by the bank for $483 is incorrectly recorded on the company's books for $384, the appropriate treatment on the bank reconciliation would be to

• A) add $99 to the balance per bank.
• B) add $99 to the balance per books.
• C) deduct $99 from the balance per books.
• D) deduct $99 from the balance per bank.

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Definitions:

Golden Personality Type

A term that might refer to an ideal or highly regarded personality classification in certain personality assessment frameworks, though not a standard term in psychology.

Learning Style

The idea that different people learn best in different ways.

Human Development

A multidisciplinary approach studying human growth, development, and potential across the lifespan, incorporating aspects of physical, emotional, and intellectual changes.

Erikson

A reference to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans.