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Curate Company Assembled the Following Information in Completing Its May

question 31

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Curate Company assembled the following information in completing its May bank reconciliation:  Balance per bank $13,224 Outstanding checks 2,480 Deposits in transit 4,000 NSF check 256 Bank service charges 80 Cash balance per books 15,080\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} Use the following tabular analysis to determine the required adjustments to Curate's accounts for the deposits in transit:  Curate Company assembled the following information in completing its May bank reconciliation:  \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}  Use the following tabular analysis to determine the required adjustments to Curate's accounts for the deposits in transit:   A) Increase Cash by $4000. B) Increase Cash by $1520. C) Increase Cash by $336. D) No adjustment is required by Curate for the deposits in transit.


Definitions:

Null Argument

Refers to passing a null value as an argument to a method or function, which may be intentional or indicate a programming error.

Equality Operator

A binary operator that compares two values for equality and returns a boolean result.

Objects

Objects are instances of classes in object-oriented programming that contain both data (attributes) and behaviors (methods) defined by their respective classes.

Class Invariant

A class invariant is a condition or set of conditions that remain true throughout the life of an object, ensuring that the object's state is valid.

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