Which of the Following Items Would Be Subtracted from the Balance

question 175

Multiple Choice

Which of the following items would be subtracted from the balance per books on a bank reconciliation?

• A)Outstanding checks
• B)Deposit in transit
• C)Service charge assessed by the bank
• D)Interest collected by the bank on a customer note

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Definitions:

Grant Wood

An American painter best known for his depictions of the rural American Midwest, particularly the painting "American Gothic."

Chrysler Building

An iconic Art Deco skyscraper located in New York City, known for its distinctive terraced crown and once the world's tallest building.

Stainless Steel

An alloy of iron, chromium, and, often, nickel, known for its resistance to rust and corrosion, making it a popular material in architecture, appliances, and medical equipment.

José Clemente Orozco

A Mexican muralist and painter, known for his bold, graphic style and social and political themes.