If a Bank Reconciliation Included a Deposit in Transit of $1,240,the

question 156

Multiple Choice

If a bank reconciliation included a deposit in transit of $1,240,the company's journal entry for this reconciling item would include:

• A)nothing,because the deposit has already been recorded.
• B)a debit to Cash of $1,240.
• C)a credit to Cash of $1,240.
• D)a credit to Accounts Receivable for $1,240.

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Definitions:

Thalamus

A structure in the brain that acts as a relay station, processing and transmitting information to various parts of the brain.

Pleasure Centres

Areas of the brain, notably within the limbic system, that are believed to be responsible for the sensation of pleasure elicited by certain activities or substances.

Limbic System

A complex system of nerves and networks in the brain, involved in instinct and mood control, as well as the basic emotions (fear, pleasure, anger).

Brainstem

The part of the brain that connects the cerebrum with the spinal cord, crucial for regulating basic life functions like breathing, heart rate, and blood pressure.