In Preparing a Bank Reconciliation Statement for a Business with a Substantial

question 16

Multiple Choice

In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment for monthly bank service charges, $30, appearing on the bank statement is to:

• A) add it to the balance as per bank statement.
• B) deduct it from the balance as per bank statement.
• C) add it to the balance per company records.
• D) deduct it from the balance per company records.

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Definitions:

Employee Selection

The method of assessing and interviewing individuals for a particular role, then choosing someone for the job based on specific criteria.

References

In the context of job applications or academic work, a list of people or sources that can vouch for an individual's qualifications or validate information.

Application Form

A document that potential employees fill out to provide personal and professional information when applying for a job.