In Reconciling a Bank Statement, the Bank Balance Is $2,100

question 140

Multiple Choice

In reconciling a bank statement, the bank balance is $2,100 and the checkbook balance is $2,001. Which of the following is the most probable reason for the bank balance being larger than the book balance?

• A)There are outstanding checks.
• B)The bank has deducted certain amounts for bank service charges.
• C)A deposit in transit was made at the end of the month.
• D)The company erroneously recorded a check for an amount less than actual.

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Definitions:

Nine-lead

Refers to a specific wiring configuration often used in electric motors that allows for the connection of the motor to different voltages, enhancing its versatility.

Delta Connected Motor

A method of connecting a three-phase motor where the ends of each coil are connected in a triangle or delta configuration, allowing for the use of a high voltage network.

High Voltage

Refers to electric potential at a level high enough to pose a hazard to humans, typically classified as more than 1000 volts in alternating current (AC) or 1500 volts in direct current (DC).

Capacitor-start

A motor design that includes a capacitor in the starting circuit for improved startup torque, commonly used in single-phase AC motors.