In Reconciling a Bank Statement,the Bank Balance Is $2,100,and the Checkbook

question 239

Multiple Choice

In reconciling a bank statement,the bank balance is $2,100,and the checkbook balance is $2,001.Which of the following is the most probable reason for the bank balance being larger than the book balance?

• A) There are outstanding checks.
• B) The bank has deducted certain amounts for bank service charges.
• C) A deposit in transit was made at the end of the month.
• D) The company erroneously recorded a check for an amount less than the actual amount.

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Definitions:

Genetic Component

The part of a characteristic or disease risk attributed to variations or mutations in genes.

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The aspect of human intelligence that involves the ability to solve new problems, use logic in novel situations, and identify patterns.

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The faculty to employ previously gained insights and life events effectively.

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