On a Bank Statement, a Deposit of $402 Was Recorded

question 21

Multiple Choice

On a bank statement, a deposit of $402 was recorded as $204. The difference of $198 should be treated as a(n)

• A) deduction from the ledger balance of cash.
• B) addition to the bank statement balance.
• C) deduction from the bank statement balance.
• D) addition to the ledger balance of cash.
• E) addition to the Sales account.

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Definitions:

Logic

The study of reasoning, or the science that investigates the principles governing correct or reliable inference.

Concrete Things

refer to objects that are tangible, visible, and touchable, as opposed to abstract concepts.

Information-Processing Theory

The idea that human cognition and comprehension occurs step by step, similar to the way that input, analysis, and output occur via computer.

Animals' Brains

Refers to the anatomical and functional aspects of the brains of non-human animals.