A Company Wrote a Check on September 30 That Did

question 47

Multiple Choice

A company wrote a check on September 30 that did not appear on the bank statement dated September 30.In preparing the September 30 bank reconciliation,the company should:

• A)Deduct the check from the bank statement balance.
• B)Send the bank a credit memorandum.
• C)Deduct the check from the September 30 book balance and add it to the October 1 book balance.
• D)Add the check to the book balance of cash.
• E)Add the check to the bank statement balance.

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Definitions:

Organic Products

Chemical compounds consisting mainly of carbon and hydrogen, which are produced as a result of organic reactions.

Reaction

The process in which substances (reactants) undergo chemical transformation to form new substances (products) as a result of breaking and forming chemical bonds.

Organic Products

Substances derived through chemical reactions involving organic compounds, often referring to the output of organic synthesis.

Highest Occupied

Pertaining to the highest energy level that contains electrons in an atom or molecule under ground state conditions.