Deng Company Gathered the Following Reconciling Information in Preparing Its

question 36

Multiple Choice

Deng Company gathered the following reconciling information in preparing its June bank reconciliation: $$\begin{array} { l r } \text { Cash balance per books, } 6 / 30 & \$ 12,600 \\\text { Deposits in transit } & 2,300 \\\text { Notes receivable and interest collected by bank } & 5,060 \\\text { Bank charge for check printing } & 200 \\\text { Outstanding checks } & 6,000 \\\text { NSF check } & 1,420\end{array}$$ Use the following tabular analysis to determine the required adjustment for the outstanding checks:

• A)Decrease Cash $6000 decrease Accounts Receivable $12000.
• B)Increase Cash $6000 increase Revenue $6000.
• C)Increase Accounts Receivable $6000 increase Revenues $6000.
• D)No adjustment is needed to Deng's accounts for the outstanding checks.

---

Definitions:

Environmental Waste

Materials or substances that are discarded after use and are considered to be harmful to the environment.

Electricity Consumed

The amount of electrical energy used by appliances, devices, or systems over a specific period.

Top Status Bar

A visual element typically found at the top of a screen or window that displays information about the current state or status of the system or application.

AutoCalculate Area

A feature in spreadsheet software that automatically calculates and displays the sum, average, or other statistics for selected cells.