The Following Information Is Available for Juno Company for the Month

question 118

Multiple Choice

The following information is available for Juno Company for the month ending June 30,2019.
• Balance as per the bank statement is $12,000.
• Balance as per books is $10,400.
• Check #506 for $1,400 and check #510 for $800 were not shown on the June 30,bank statement.
• A deposit in transit of $2,541 had not been received by the bank when the bank statement

• A bank debit memo indicated an NSF check for $90 written by Jane Smith to Juno Company

• A bank credit memo indicated a note collected by the bank of $2,000 and interest revenue

• The bank statement indicated service charges of $20.
What is the adjusted book balance?

• A)$12,361
• B)$12,341
• C)$8,251
• D)$8,200

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Definitions:

Generalization

The process by which individuals apply learned responses to similar but not identical stimuli.

Spontaneous Recovery

The reappearance of a previously extinguished response after a period of non-exposure to the conditioned stimulus.

Negative Reinforcement

A process in behaviorism where the removal of an undesirable or unpleasant stimulus strengthens or increases the probability of a response.

Generalization

The process by which the brain applies past experiences to new situations, recognizing patterns.