Schwinn Company Assembled the Following Information in Completing Its March

question 116

Multiple Choice

Schwinn Company assembled the following information in completing its March bank reconciliation: $$\begin{array} { l r } \text { Balance per bank } & \$ 12,224 \\\text { Outstanding checks } & 2,480 \\\text { Deposits in transit } & 4,000 \\\text { NSF check } & 256 \\\text { Bank service charges } & 80 \\\text { Cash balance per books } & 14,080\end{array}$$ As a result of this reconciliation Schwinn will

• A)reduce its cash account by $1520.
• B)reduce its cash account by $80.
• C)increase its cash account by $176.
• D)reduce its cash account by $336.

---

Definitions:

Hurricane

A powerful tropical storm characterized by a low-pressure center, strong winds, and a spiral arrangement of thunderstorms that produce heavy rain.

Discrimination

Biased treatment of a job candidate or employee.

Biased Treatment

Differential and unjust treatment of individuals or groups based on prejudiced attitudes or judgments rather than objective merit.

Job Candidate

An individual who applies for or is considered for an employment position within an organization.