Larson Company Gathered the Following Reconciling Information in Preparing Its

question 94

Multiple Choice

Larson Company gathered the following reconciling information in preparing its August bank reconciliation: $$\begin{array} { l r } \text { Cash balance per books, } 8 / 31 & \$ 34,800 \\\text { Deposits in transit } & 1,200 \\\text { Bank charge for check printing } & 160 \\\text { Outstanding checks } & 16,000 \\\text { NSF check } & 1,360\end{array}$$ Use the following tabular analysis to determine the required adjustments to Larson's accounts:

• A)Cash would increase by $1200.
• B)Accounts Receivable would decrease by $1360.
• C)Accounts Payable would increase by $160.
• D)Cash would decrease by $1520.

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Definitions:

Shaft

A cylindrical object or component that transmits rotational force or motion from one part of a machine to another.

Force And Shrink Fits

Describes a class of fits achieved by creating a size differential between two mating components such that the parts must be forced together, often involving heating or cooling to assemble.

Transitional Fit

A type of fit between two mating parts where interference may or may not occur, allowing for a balance between clearance and interference fits.

Clearance

The intentional space or gap between two parts or components, necessary to ensure proper fit, movement, or function.