A Check Drawn by a Company for $340 in Payment

question 65

Multiple Choice

A check drawn by a company for $340 in payment of a liability was recorded in the journal as $430. This item would be included on the bank reconciliation as a (n)

• A) addition to 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) deduction from the balance per the company's records

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Definitions:

Luthans And Avolio's

Refers to the researchers Fred Luthans and Bruce Avolio, who have contributed to the fields of positive organizational behavior and authentic leadership.

Walumbwa's Positive Psychology

An approach within psychology focused on positive human functioning and strengths, as researched and proposed by Fred Walumbwa in his scholarly work.

Authentic Leadership

A leadership style that emphasizes genuine, transparent, and ethical behavior, where leaders act in alignment with their personal values and beliefs.

Intrapersonal

Relating to internal processes within an individual, including emotions, thoughts, beliefs, and self-concept.