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A Check Correctly Written and Paid by the Bank for $628

question 16

Multiple Choice

A check correctly written and paid by the bank for $628 during May had been incorrectly recorded on Boisclair Company's books for $682.The payment was for prepaid insurance.Use the following tabular analysis to determine the impact of the adjusting entry on Boisclair's accounts: A check correctly written and paid by the bank for $628 during May had been incorrectly recorded on Boisclair Company's books for $682.The payment was for prepaid insurance.Use the following tabular analysis to determine the impact of the adjusting entry on Boisclair's accounts:   A) Increase Cash $54 and decrease Prepaid Insurance $54. B) Increase Cash $54 and increase Insurance Expense $54. C) Increase Accounts Payable $54 and increase Prepaid Insurance $54.. D) Decrease Cash $54 and decrease Prepaid Insurance $54.


Definitions:

Influencing

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Manipulating

Influencing or controlling someone or something to one's advantage, often in an unfair or dishonest way.

Motivating

The process of providing reasons, incentives, or encouragement to act or behave in a specific manner.

Indirect Strategy

Indirect strategy in communication involves presenting the supporting reasons before the main message or request, often used to prepare the recipient and reduce resistance.

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