Designs on You the Following Information Relates to the Company's

question 63

Multiple Choice

Designs on You The following information relates to the company's May bank reconciliation:
$\begin{array}{ll} \text { Bank statement balance } &\$ 5,000 \\ \text { Unadjusted cash balance from the company records } &? \\ \text { Deposit in trensit } &1,000 \\ \text { Outstanding checks } &500 \\ \text { Bank service charges } &50 \\ \text { Interest earned on the bank account } &10 \\ \text { Customen's NSF check returned by the bank } &25\end{array}$ In addition,a check was recorded in the accounting records as $1,200 but the correct amount as recorded by the bank was only $1,000.

-Refer to Designs on You.What is the net amount of the adjustments to the company's cash balance as a result of the bank reconciliation process?

• A)$210 increase
• B)$135 increase
• C)$135 decrease
• D)$65 decrease

---

Definitions:

Dramatically

In a manner that is striking, impressive, or with great emphasis; often used to describe a significant change or effect.

Intimacy

Refers to the feeling of being emotionally close and connected with another individual or group, often involving open and honest communication.

Friendships

Close, interpersonal relationships marked by mutual affection, trust, and support.

Generativity

A stage of psychological development where individuals focus on guiding the next generation or contributing to the well-being of younger people.