The Set of Items Below Was Identified in Preparing a Bank

question 143

Multiple Choice

The set of items below was identified in preparing a bank reconciliation for Mars Corp.as of August 31, 2016. $$\begin{array} { l r } \text { Bank statement balance } & \$ 19,500 \\\text { Mars's book balance (before adjustments) } & ? \\\text { Outstanding checks } & 2,700 \\\text { Customer's NSF checks } & 350 \\\text { Service Charges } & 100 \\\text { Deposits in transit } & 1,000 \\\text { Interest earned on checking account } & 60\end{array}$$ ? Mars Corp.'s balance per books before the reconciliation is

• A) $17,410
• B) $17,900
• C) $18,190
• D) $18,310

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Definitions:

Sociocultural Clinician

A healthcare professional who considers the societal and cultural aspects influencing an individual's mental health.

Learned Helplessness-induced Depression

A state of depression that arises from experiencing uncontrollable events, leading to a belief in one's inability to affect outcomes.

Internal

Pertains to something occurring or situated within a part or inside something else, often referring to processes or features not immediately apparent from the outside.

Global

Pertaining to the entire world or relating to a comprehensive and international scale.