On a Professional Letter's Signature Block, How Many Blank Lines

question 4

Multiple Choice

On a professional letter's signature block, how many blank lines should be placed between the closing and the typed name and credentials of the sender?

• A) One
• B) Two
• C) Three
• D) Four

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Definitions:

Outstanding Checks

Checks that have been issued and recorded in the issuing party's records but have not yet been cashed or cleared by the bank.

Deposits in Transit

Deposits in transit are amounts that have been received and recorded by a business but have not yet been reflected in the bank's records.

Bank Reconciliation

The act of reconciling the cash account balances recorded in an organization's bookkeeping with the related data found on a bank statement.

Deposits in Transit

Funds that have been received and recorded by a business but not yet processed by the bank.