A Company Issues a Check for $362 but Records It

question 137

Multiple Choice

A company issues a check for $362 but records it as $326. On the bank reconciliation, the $36 error should be

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

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Definitions:

Generalizable

Capable of being applied to different situations or contexts beyond the original study conditions or parameters.

Convergence of Data

The process where multiple pieces of data, often from different sources or methodologies, come together to support a cohesive conclusion or finding.

Intensive Single-Subject

A research methodology that focuses deeply on a single subject, exploring aspects or phenomena in great detail.

Quantitative Design

A research strategy that focuses on quantifying the collection and analysis of data.