When Doing an Account Reconciliation, Interest Earned on Your Account

question 46

Multiple Choice

When doing an account reconciliation, interest earned on your account should be:

• A)deducted from your checkbook ledger.
• B)added to your checkbook ledger.
• C)ignored because the bank has already recorded it.
• D)listed as outstanding.
• E)treated like a loan.

---

Definitions:

National Convention

A large gathering held by political parties every four years to nominate presidential and vice-presidential candidates, adopt platforms, and unite supporters.

Presidential Nominee

The candidate chosen by a political party to compete for the presidency in a national election.

Caucus Method

A method of selecting political candidates or making policy decisions, usually within a political party or a legislative body, involving meetings of supporters or representatives.

Delegate Selection

The process by which political parties choose representatives (delegates) to attend their national conventions, typically through primaries or caucuses.