While Reconciling the Checking Account, an Accountant with Sonic Corporation

question 132

Multiple Choice

While reconciling the checking account, an accountant with Sonic Corporation noticed that an error had been made in recording a check received by the company.Sonic recorded the receipt as $729 and the correct amount of the check was $279.What reconciling adjustment is required?

• A) Add $450 to the company's book balance
• B) Deduct $450 from the company's book balance
• C) Add $450 to the bank statement balance
• D) Deduct $450 from the bank statement balance

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Definitions:

Secondary Gains

Benefits obtained from the symptoms of an illness, apart from the direct relief from those symptoms.

Pathophysiology

The study of the disordered physiological processes that cause, result from, or are otherwise associated with a disease or injury.

Feelings Suppression

The act of intentionally avoiding or inhibiting the expression of one's emotions or feelings.

Somatic Symptoms

Physical symptoms that are not fully explained by a general medical condition, often associated with psychological distress.