A Check Written for $68

question 35

Multiple Choice

A check written for $68.30 in payment of an account was recorded on the books as $86.30. On a bank reconciliation, this will appear as a(n)

• A) addition to the bank balance for $18.
• B) deduction from the bank balance for $18.
• C) addition to the ledger balance for $18.
• D) deduction from the ledger balance for $18.
• E) addition to the bank balance of $36.

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Definitions:

Behaviour

The actions or reactions of an individual or group in response to external or internal stimuli, observable through various modes including physical, social, and psychological.

Credential Recognition

The process of verifying that the skills, knowledge, and qualifications obtained by an individual in one country are equivalent to the standards established in another country.

Internationally Trained Immigrants

Immigrants who have obtained professional training, degrees, or qualifications in their country of origin and are integrating into a new country's workforce.

Settlement Issue

Problems or disputes arising in the process of resolving a claim or negotiating a contract, often related to legal, financial, or property matters.