In Preparing a Bank Reconciliation Statement for a Business with a Substantial

question 20

Multiple Choice

In preparing a bank reconciliation statement for a business with a substantial bank balance,the appropriate treatment for interest earned on account,$240,is to:

• A) add it to the balance as per bank statement.
• B) deduct it from the balance as per bank statement.
• C) add it to the balance per company records.
• D) deduct it from the balance per company records.

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Definitions:

Neuroticism

A personality trait associated with negative emotions like anxiety, depression, and irritation, often reflected in emotional instability.

Reproductive Advantages

Benefits or favorable traits that increase an organism's chances of reproducing and passing genes to the next generation.

Human Aggression

Refers to behaviors that can result in both physical and psychological harm to oneself, others, or objects in the environment.

Evolutionary Psychology

An approach in psychology that examines psychological structures and traits as arising from evolutionary processes, focusing on how natural selection has shaped the mind and behavior.