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Instruction 2-6
A sample of 200 students at a large university was taken after the final exam to ask them whether they went out on the weekend before the exam or spent the weekend studying,and whether they did well or poorly on the exam.The following table contains the result.
-Referring to Instruction 2-6,________ percent of the students in the sample spent the weekend studying and did well on the exam.
Bank Reconciliation
Bank reconciliation is the process of matching the balances in an entity's accounting records to the corresponding information on a bank statement, to ensure accuracy and identify discrepancies.
Journal Entry
A record used in bookkeeping that logs the debits and credits made to different accounts as a result of business transactions.
Recording Error
A mistake made during the process of entering financial transactions into the accounting records.
Bank Service Charge
Fees charged by banks for account maintenance, transactions, and other services provided to customers, often listed in the account statement.
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