In a Bank Reconciliation, a Customer's NSF Check Included with the Bank

question 70

Multiple Choice

In a bank reconciliation, a customer's NSF check included with the bank statement is:

• A)deducted from the bank's cash balance to get the true cash balance.
• B)added to the bank's cash balance to get the true cash balance.
• C)deducted from the company's cash balance to get the true cash balance.
• D)added to the company's cash balance to get the true cash balance.

Recognize the protective role of melanin against UV radiation.

Diagnose and suggest first aid treatment for different types of burns.

Understand the physiological responses to skin injury, such as inflammation.

Describe the skin’s role in regulating body temperature.

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Definitions:

Outstanding Cheques

Cheques that have been written and recorded in the accounting records but have not yet been cashed or cleared through the banking system.

Uncollected Deposits

Funds that have been deposited into a bank account but have not yet been cleared or recognized as available balance due to processing time.

Float

The difference between book cash and bank cash, representing the net effect of cheques in the process of clearing.

Interest Rate

The percentage charged on a loan or earned on an investment, indicating the cost of borrowing or the gain on investing.