A Check Drawn by a Company for $340 in Payment

question 65

Multiple Choice

A check drawn by a company for $340 in payment of a liability was recorded in the journal as $430. This item would be included on the bank reconciliation as a (n)

• A) addition to the balance per the company's records
• B) addition to the balance per the bank statement
• C) deduction from the balance per the bank statement
• D) deduction from the balance per the company's records

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Definitions:

Salivary Activity

The production and release of saliva from the salivary glands in the mouth, which aids in digestion and helps maintain oral health.

Sympathetic Nervous System

Part of the autonomic nervous system that activates the body's rapid involuntary response to dangerous or stressful situations, often referred to as "fight or flight" response.

Parasympathetic Nervous System

A division of the autonomic nervous system that promotes relaxation and functions under normal, non-stressful conditions.

Oxytocin

A hormone produced by the hypothalamus and released by the pituitary gland, known for its roles in social bonding, sexual reproduction, childbirth, and the period after childbirth.