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Curate Company Assembled the Following Information in Completing Its May

question 37

Multiple Choice

Curate Company assembled the following information in completing its May bank reconciliation: $\begin{array}{l}\begin{array} { l r } \text { Balance per bank } & \$ 13,224 \\\text { Outstanding checks } & 2,480 \\\text { Deposits in transit } & 4,000 \\\text { NSF check } & 256 \\\text { Bank service charges } & 80 \\\text { Cash balance per books } & 15,080\end{array}\\\text { Use the following tabular analysis to determine the required adjustments to Curate's accounts: }\end{array}$
$Curate Company assembled the following information in completing its May bank reconciliation: \begin{array}{l} \begin{array} { l r } \text { Balance per bank } & \$ 13,224 \\ \text { Outstanding checks } & 2,480 \\ \text { Deposits in transit } & 4,000 \\ \text { NSF check } & 256 \\ \text { Bank service charges } & 80 \\ \text { Cash balance per books } & 15,080 \end{array}\\ \text { Use the following tabular analysis to determine the required adjustments to Curate's accounts: } \end{array} A) Decrease Accounts Receivable by $256. B) Decrease Cash by $2480. C) Increase Expense by $336. D) Increase Expenses by $80.$

Definitions:

Hypothalamus

A small region of the brain, located below the thalamus, crucial for hormone production, and regulation of bodily functions such as temperature, hunger, and sleep.

Psychopathic Abuser

An individual who exhibits characteristics of psychopathy, such as a lack of empathy, and engages in abusive behavior towards others.

Undercontrolled

Describes a lack of self-regulation or the inability to manage one’s impulses, emotions, or behaviors effectively.

Overcontrolled

Refers to individuals who exhibit excessive self-discipline, often suppressing impulses or emotions to an unhealthy extent.