The Bank Statement of July 31, for Savon Co

question 43

Multiple Choice

The bank statement of July 31, for Savon Co. showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper of Savon Co. noticed from the bank statement that the bank had collected a note for $666.66. There was a deposit in transit made on July 1, for $1,100.10 along with the outstanding checks of $4,580.54. Check charges were $39.40. The reconciled balance is:

• A)$5,227.66
• B)$2,572.66
• C)$2,527.66
• D)$5,272.66
• E)None of these

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Definitions:

Medical Standpoint

A perspective or approach based on medical knowledge, practices, and principles.

Children's Interests

Concerns related to the well-being, development, and rights of children, ensuring their needs and rights are considered and protected.

Truth-Telling

The ethical practice of providing accurate information, often relevant in contexts like patient care, journalism, and personal relationships.

Moral Agents

Individuals or entities capable of making ethical decisions and being held accountable for their actions, based on their ability to differentiate between right and wrong.