A $525 Collection on a Note from a Customer Was

question 53

Multiple Choice

A $525 collection on a note from a customer was reflected on Ronaldo Co's bank statement.When doing the bank reconciliation,Ronaldo Co.should:

• A)add $525 to the bank balance.
• B)subtract $525 from the bank balance.
• C)add $525 to their book balance.
• D)subtract $525 from their book balance.

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Definitions:

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Predictable Behavior

Actions or responses that are consistent and can be anticipated based on previous patterns or known characteristics.

Selective Breeding

The human practice of breeding plants or animals for specific genetic traits, aiming to develop or enhance particular phenotypes.

Group Security

Measures and strategies employed to ensure the safety and protection of a collective group of people.