Northwest Plumbing's Bank Statement Shows a Bank Balance of $43,267

question 5

Multiple Choice

Northwest Plumbing's bank statement shows a bank balance of $43,267.The statement shows a bank service charge of $50.Northwest Plumbing's book balance shows outstanding checks of $5,288 and deposits in transit of $9,325.The adjusted balance on the bank side of the reconciliation would be:

• A)$43,267.
• B)$43,217.
• C)$39,230.
• D)$47,304.

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Definitions:

Oils

Organic substances that are liquid at room temperature and are insoluble in water but soluble in organic solvents.

Fatty Acid Structures

The molecular arrangement of fatty acids, which typically consist of long hydrocarbon chains with a terminal carboxylic acid group; can be saturated or unsaturated.

Acid Base Hydrolysis

A reaction where water and an acid or base catalyze the breakdown of a molecule, often leading to the cleavage of chemical bonds.

Triacylglyceride

A lipid molecule made up of three fatty acids esterified to glycerol, serving as the primary form of energy storage in animals.