Examlex

Solved

For Each of the Items Below,use the Following Letters to Identify

question 48

Short Answer

For each of the items below,use the following letters to identify the correct treatment in a bank reconciliation.
A= A= Add to balance per bank \quad \quad \quad C= \mathrm{C}= Add to balance per books
B= B= Deduct from balance per bank \quad D= \mathrm{D}= Deduct from balance per books
____ 1.Interest income
____ 2.Outstanding checks
____ 3.Check written for $89,but $98 recorded in books
____ 4.Customer's NSF check
____ 5.Note receivable collected by bank
____ 6.Deposit made for $70,but $700 recorded in books
____ 7.Bank check-printing charge
____ 8.Check written for $52,but $25 recorded in books
____ 9.Deposits in transit
____ 10.Bank fee for collection on note receivable


Definitions:

Incompetence

The lack of necessary skills, knowledge, or ability to perform a task or job effectively, often leading to substandard outcomes or failure.

Insubordination

The act of willfully disobeying or disrespecting higher authority.

Influence Process

A mechanism through which individuals affect the behaviors, attitudes, or opinions of others within an organization or group.

Leading

The act of guiding, directing, and influencing individuals or teams towards achieving organizational objectives.

Related Questions