If a Check Correctly Written and Paid by the Bank

question 70

Multiple Choice

If a check correctly written and paid by the bank for $794 is incorrectly recorded in the company's books for $749, how should this error be treated on the bank reconciliation?

• A) Subtract $45 from the bank's balance.
• B) Add $45 to the bank's balance.
• C) Subtract $45 from the book balance.
• D) Add $45 to the book balance.
• E) Subtract $45 from the bank's balance and add $45 to the book's balance.

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Definitions:

Postsynaptic Neuron

A neuron that receives a signal (via neurotransmitter molecules) from another neuron at a synapse.

Action Potential

A temporary reversal of the electrical polarity of the neuron's membrane, facilitating the transmission of nerve impulses.

Excitation

The process or state of being energized or stimulated to action or to increased activity.

Inhibition

The process of suppressing or restraining a behavioral or biological response.