Bank Interest Earned on a Checking Account Would Be Shown

question 82

Multiple Choice

Bank interest earned on a checking account would be shown on a bank reconciliation as:

• A) added to the balance per bank statement.
• B) deducted from the balance per bank statement.
• C) added to the balance per books.
• D) deducted from the balance per books.

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Definitions:

Retinal Disparity

A binocular cue for perceiving depth based on the fact that the two eyes view the world from slightly different angles, creating a disparity that the brain interprets as depth.

Precognition

The phenomenon of knowing or sensing something before it happens, often associated with psychic abilities.

High Need

A strong requirement or desire for something, which could be physical, emotional, or psychological.

Power

The ability or capacity to influence, direct, or control the behavior of others or the course of events.