The Following Information Was Available to the Accountant of Horton

question 72

Multiple Choice

The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation:

The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:

• A) $660.
• B) $640.
• C) $620.
• D) $305.

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Definitions:

Personal Emotions

involve individual feelings that are experienced as a response to stimuli and are inherently subjective and personal.

Openly

In a manner that is not concealed or hidden; freely observable to the public.

Feeling Guilty

This is the emotional experience that occurs when a person believes they have violated a moral standard or caused harm.

Helpful

The quality of providing useful assistance or being beneficial to someone.