A Company Received a Bank Statement with a Balance of $5,350.Reconciling

question 38

Multiple Choice

A company received a bank statement with a balance of $5,350.Reconciling items included a bookkeeper error of $200 (a $300 check recorded as $500) ,two outstanding checks totaling $720,a service charge of $15,a deposit in transit of $180,and interest revenue of $21.What is the adjusted bank balance?

• A) $4,636
• B) $4,610
• C) $5,016
• D) $4,810

Realize the necessity of supporting conclusions and recommendations with accurate, factual content.

Learn the structure of a business report, including how to effectively conclude and summarize key points.

Understand the significance of building credibility with the audience by researching and presenting unbiased information.

Understand the importance of presenting a balanced view in reports, including information that both supports and challenges the line of reasoning.

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Definitions:

Psychological Closeness

The perceived intimacy or emotional connection between individuals, often determining the depth of relationships.

Trust

Strong confidence in the dependability, veracity, capability, or robustness of a person or entity.

Underarm Hair

Hair that grows in the axilla, the area under the arms, typically appearing during puberty.

Primary Sex Characteristics

the main biological and physiological features distinguishing the male and female sexes, such as the reproductive organs.