Adler Company Developed the Following Reconciling Information in Preparing Its

question 50

Multiple Choice

Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r } \text { Cash balance per bank, } 12 / 31 & \$ 24,000 \\\text { Note receivable collected by bank } & 12,000 \\\text { Outstanding checks } & 18,000 \\\text { Deposits in transit } & 9,000 \\\text { Bank service charges } & 150 \\\text { NSF check } & 2,400\end{array}$$ Using the above information determine the cash balance per books (before adjustments) for the Adler Company.

• A)$5550.
• B)$33000.
• C)$17550.
• D)$24000.

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Definitions:

Contingency Approaches

Management theories suggesting that the best way to deal with certain situations is dependent on the specific circumstances.

Leadership Style

Refers to the manner and approach of providing direction, implementing plans, and motivating people within an organization or team.

Particular Leadership Style

Refers to a distinct approach or technique adopted by a leader to motivate, guide, and manage teams.

Fred Fiedler's Research

A study in the field of leadership and organizational behavior, known for the contingency model that suggests the effectiveness of a leader's style is contingent on the situation.