The Bank Charged a Service Fee of $20

question 79

Multiple Choice

The bank charged a service fee of $20.How would this information be included on the bank reconciliation?

• A) A deduction on the bank side
• B) An addition on the book side
• C) A deduction on the book side
• D) An addition on the bank side

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Definitions:

Optimum Sustained Yield

The maximum level at which a natural resource can be routinely used without long-term depletion.

Maximum Sustained Yield

The largest quantity of a natural resource, such as fish or timber, that can be harvested sustainably over an indefinite period without causing a population decline.

Prairie Pothole Region

A geographic area in North America characterized by thousands of shallow wetlands, vital for waterfowl nesting.

Southern Ontario

A region in Canada, characterized by its economic activity, agricultural lands, and being home to a significant portion of Canada’s population.