If a Check Correctly Written and Paid by the Bank

question 91

Multiple Choice

If a check correctly written and paid by the bank for $537 is incorrectly recorded on the company's books for $573, the appropriate treatment on the bank reconciliation would be to

• A)add $36 to the bank's balance.
• B)add $36 to the book's balance.
• C)deduct $36 from the bank's balance.
• D)deduct $537 from the book's balance.

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Definitions:

Fight Or Flight

A physiological reaction to perceived danger, preparing an individual either to confront the threat or escape from it.

Self-determination Theory

A theory of motivation that emphasizes the role of three basic psychological needs - competence, autonomy, and relatedness - in fostering well-being and growth.

Autonomy

The capacity to make an informed, uncoerced decision; often discussed as a critical element of self-governance and personal freedom.

Competence

The ability of an individual to effectively perform or carry out a specific task or role to the expected standard or beyond.