Following the Completion of the Bank Reconciliation, an Adjusting Entry

question 131

Multiple Choice

Following the completion of the bank reconciliation, an adjusting entry was made that debited cash and credited Interest Revenue. Therefore the bank reconciliation must have included an item that was

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

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Definitions:

Apathy

A lack of interest, enthusiasm, or concern towards emotional, social, or physical life.

Authoritarian Parents

A parenting style characterized by high demands and low responsiveness, where parents exert high levels of control over their children with little reciprocal communication.

Coercive

Pertaining to employing intimidation or physical power to coerce someone into doing something or to ensure obedience.

Trusting

The attitude or disposition to believe in the reliability, truth, ability, or strength of someone or something.