The Following Data Were Gathered to Use in Reconciling the Bank

question 142

Multiple Choice

The following data were gathered to use in reconciling the bank account of Savannah Company:
$\begin{array}{|l|r|}\hline \text { Balance per bank } & \$ 16,750 \\\hline \text { Balance per company records } & 16,125 \\\hline \text { Bank service charges } & 80 \\\hline \text { Deposit in transit } & 2,195 \\\hline \text { NSF check } & 950 \\\hline \text { Outstanding checks } & 3,850\\\hline\end{array}$
What is the adjusted balance on the bank reconciliation?

• A)$14,470
• B)$10,705
• C)$15,095
• D)$15,720

Understand the implications of rewards and equity sharing in crowdfunding campaigns and their effects on campaign approval and backer expectations.

Understand the differences between crowdfunding and crowdsourcing.

Identify the leading global crowdfunding platforms and their characteristics.

Recognize common challenges and delays in crowdfunded projects.

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Definitions:

Constructive Feedback

Analysis centered on the methods and results of communication, rather than the individuals participating.

Destructive Feedback

Criticism delivered with no guidance to stimulate improvement.

Meaningful

Something that has a significant, important, or worthwhile purpose or result.

Virtual Communities

Online platforms or groups where individuals with common interests or goals interact, share information, and form relationships.