A Check Drawn by a Company in Payment of a Voucher

question 182

Multiple Choice

A check drawn by a company in payment of a voucher for $965 was recorded in the journal as $695. This item would be included in the bank reconciliation as a (n)

• A) deduction from the balance per the company's records
• B) addition to the balance per the bank statement
• C) deduction from the balance per the bank statement
• D) addition to the balance per the company's records

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Definitions:

Performance Goals

Targets or objectives set to achieve specific performance standards, often characterized by a focus on improving or maintaining the quality of results.

Perfection

The state of being completely free from faults or defects, or the highest degree of proficiency in something.

Approach

The method or process taken towards dealing with a problem or task.

Avoidance

A behavioral or psychological strategy to disengage or prevent encountering distressing situations, thoughts, or feelings.