In the Normal Operation of Business You Receive a Check

question 107

Multiple Choice

In the normal operation of business you receive a check from a customer and deposit it into your checking account. With your bank statement you are advised that this check for $775 is "NSF". The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will:

• A) subtract both values from balance according to bank.
• B) add both values from balance according to books.
• C) add both values from balance according to bank.
• D) subtract both values from balance according to books.

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Definitions:

Negative Reinforcers

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Behavioral Psychologists

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Latent Learning

Learning that is hidden or concealed.