Kathryn's Account Is Not in Overdraft

question 22

Multiple Choice

Kathryn's account is not in overdraft. When preparing the bank reconciliation she found that the bank had incorrectly debited her account with $120. The proper procedure is to:

• A) deduct $120 from the bank balance in the general ledger and notify the bank.
• B) deduct $120 from the bank balance in the general ledger.
• C) add $120 to the bank statement balance in the bank reconciliation and notify the bank.
• D) do nothing as the bank will adjust the error when it balances.

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Definitions:

Religious Beliefs

Convictions or principles held regarding a faith or doctrine, which influence an individual's way of life and actions.

Supine Position

A posture in which a person lies flat on their back, face upwards; it's commonly used in medical examination settings.

Autopsy

A post-mortem examination to determine the cause of death and to evaluate any disease or injury that may be present.

Impending Death

The imminent or nearing occurrence of death, often used in contexts of terminal illness or critical health situations.