When Reconciling the Ledger with the Bank Statement (Assuming a Positive

question 44

Multiple Choice

When reconciling the ledger with the bank statement (assuming a positive bank balance) a returned (dishonoured) cheque should be:

• A) added to the general ledger bank balance.
• B) subtracted from the general ledger bank balance.
• C) subtracted from the bank statement balance.
• D) added to the bank statement balance in the reconciliation.

---

Definitions:

Zoom Lens

A camera lens that allows the focal length to be easily changed, enabling the photographer to magnify the subject without changing their position.

Qualitative Research

A research method focusing on understanding phenomena through an in-depth examination of people's experiences, perspectives, and narratives.

Harriet Martineau

An English social theorist and political writer, often considered the first female sociologist, known for her studies on social life in both Britain and the United States.

Labor Unions

Organizations that represent the collective interests of workers in negotiations with employers regarding wages, working conditions, and other aspects of employment.