For Which of the Following Bank Reconciliation Adjustments Would an Adjusting

question 31

Multiple Choice

For which of the following bank reconciliation adjustments would an adjusting journal entry not be necessary?

• A)An error in which the company's accountant recorded a check as $235 that was written correctly for $253.
• B)A check for $37 deposited during the month,but returned for non-sufficient funds.
• C)An error in which the bank charged the company $83 for a check that had been written by another account holder.
• D)All of these answer choices would require adjusting journal entries.

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Definitions:

Regression Line Formula

An equation that describes the best-fitting straight line through a set of points, indicating the relationship between two variables.

Regression Line

A line of best fit through a scatter plot of data points that shows the relationship between two variables.

Multiple-Regression Formula

An equation that models the relationship between a dependent variable and two or more independent variables, predicting the dependent variable based on the independents.

Dependent Variable

A variable in an experiment or model that is expected to change in response to manipulations of the independent variable(s).