Thompson Company Developed the Following Reconciling Information in Preparing Its

question 1

Multiple Choice

Thompson Company developed the following reconciling information in preparing its October bank reconciliation: $\begin{array}{ll}\$ 17,000 & \text { Cash balance per bank, } 10 / 31 \\4,800 & \text { Note receivable collected by bank } \\6,500 & \text { Outstanding checks } \\3,000 & \text { Deposits-in-transit } \\50 & \text { Bank service charge } \\2,300 & \text { NSF check }\end{array}$ Using the above information, determine the cash balance per books (before adjustments) for the Thompson Company.

• A) $11,050
• B) $19,450
• C) $15,950
• D) $11,150

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Definitions:

Ejaculation

The process of releasing semen from the penis during sexual climax.

Orgasm

The climax of sexual excitement, characterized by intense pleasure and release of built-up tensions.

Corpus Spongiosum

A spongy tissue surrounding the male urethra within the penis, engorging with blood during an erection to prevent the urethra from pinching closed.

Homologous

In biology, referring to organs, structures, or genes that derive from a common ancestor, sharing a similar position, structure, or evolutionary origin.