In Account Reconciliation, One of the Steps in Calculating the Adjusted

question 47

Multiple Choice

In account reconciliation, one of the steps in calculating the adjusted bank balance is:

• A) deducting total withdrawals still outstanding from the bank balance.
• B) deducting total deposits still outstanding from the bank balance.
• C) adding the total credit card outstanding balance to the bank balance.
• D) adding bank service charges to the bank balance.
• E) subtracting interest paid on the account's balance for the period.

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Definitions:

Holistic Health

A model of health based on the belief that the whole is more than the sum of its parts.

Equilibrium

A state of balance.

Harmony

The combination of simultaneously sounded musical notes to produce chords and chord progressions having a pleasing effect.

Hypertension

A medical condition characterized by persistently high blood pressure.