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

question 12

Multiple Choice

In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment for $870 from a debtor paid directly into the company's bank account 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:

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An observed ranking system in primate societies, ordering individuals from high (alpha) to low standing corresponding to predictable behavioral interactions, including domination.

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A subgroup of primates that includes lemurs, lorises, and tarsiers, characterized by features considered more primitive than those of monkeys and apes.

Single Births

The act of giving birth to one offspring at a time, in contrast to multiple births like twins or triplets.

Medicinal Plants

Plants known for their healing properties and used in traditional and modern medicine as treatments for various illnesses and conditions.