A Company's Cash Ledger Shows an Ending Balance of $5,000

question 52

Multiple Choice

A company's cash ledger shows an ending balance of $5,000.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 book balance?

• A) $5,194
• B) $4,486
• C) $5,206
• D) $4,806

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Definitions:

Delusional Disorder

A psychiatric condition characterized by persistent delusions (beliefs or ideas not based in reality), without other prominent symptoms of psychosis such as hallucinations.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, leading to various symptoms like delusions and hallucinations.

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, involved in planning complex cognitive behavior, personality expression, decision making, and moderating social behavior.

Short-term Memory

The memory system that collects new information. Also known as working memory.