Which of the following is not an addition to the balance per the books on a bank

Question:

Which of the following is not an addition to the balance per the books on a bank reconciliation that adjusts both the bank statement and balance per the books to the adjusted balance?

a. interest earned on the bank account

b. deposits in transit

c. collection by the bank on a customer’s note

d. All of the above are additions.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting The Impact On Decision Makers

ISBN: 9780324655230

6th Edition

Authors: Gary A. Porter, Curtis L. Norton

See More Books

Question Posted: Jun 06, 2024 01:07 AM

See More Questions

1.Which of the following below is NOT an element of internal control? a. risk assesment b. monitoring c. information and communication d. behavior analysis ANSWER:D 2. Which of the following below is...
Debra wants to know if her sister can be her qualifying child.Which of the following is not a test to be a Qualifying Child? Select one: a. The child must be under age 19 at the end of the year or...
1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
Which of the following procedures most likely represents an internal control designed to reduce the risk of errors in the billing process? 1. Requiring customers that purchase on account to be...
Would a beam of protons in a "proton microscope" exhibit greater or less diffraction than electrons of the same speed in an electron microscope? Defend your answer.
You drop a $0.15-\mathrm{kg}$ ball to the floor from a height of $2.0 \mathrm{~m}$, and it bounces to a height of $1.6 \mathrm{~m}$. What is the magnitude of the change in its momentum as a...
How can software assist in procuring goods and services? What is e-procurement software? Do you see any ethical issues with e-procurement? For example, should stores be able to block people with...
Forey, Inc., competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered this industry and, as a consequence, Forey is earning a return on...
The common stock for Greenland Financials currently sells for $81 per share. The firms last dividend was $8, and its dividends are anticipated to grow at the rate 4% as they did over the past....
Which of the following is the correct entry when a petty cash fund is established? a. Cash is debited, and Petty Cash Fund is credited. b. Petty Cash Fund is debited, and Cash is credited. c. Expense...
A cash equivalent is a. an investment in the stock of another company that can be sold on demand. b. an investment that is readily convertible to a known amount of cash and has an original maturity...
Describe the surface. x + y + z = 9, with x, y, z 0
The State of Confusion Legislature passes the following statute: "The State Health Commissioner, when in their opinion, there is sufficient covid - 1 9 vaccine that has been approved by the Federal...
Case 1 Baum Co. has two processing departments: Fabrication and Assembly. In the Fabrication Department, metal is cut and formed into various components, which are then transferred to Assembly. The...
Your earlier Personal Leadership Assessment, you looked at two areas of your leadership experience, those who led you and those you led. You will again address these two items in your Personal...
What is required in this situation: Content slides explaining the qualitative and quantitative steps necessary in conducting a sensitivity analysis. How can a project's risk be incorporated into a...
What is "marketing"? What is the difference between "marketing" and the "marketing process"?is it different in your home country vs. North america? Q2. What is the difference between "demand",...
Eastwood Company (A US based company) has subsidiaries in three countries, X, Y and Z. All three subsidiaries manufacture and sell products in their host country. Corporate income tax rates in these...
Explain the term "Equivalent Units". Why are they calculated in process costing? [4 Marks] [minimum 350 words]
Ellis Perry is an electronics components manufacturer. Information about the company's two products follows: \ table [ [ , , , ] , [ Units produced,AM - 2 , FM - 9 , ] , [ Direct labor hours required...
Which of the following requirements to claim Earned Income Tax Credit is TRUE? The credit can be claimed under any filing status. The taxpayer must have a valid SSN for employment in the U.S., issued...
Olde Tyme Beverage Companys operating activities for the year are listed below. Cost of Goods Manufactured $131,000 Operating expenses 80,000 Beginning inventory, FG 16,000 Ending inventory, FG...

Which of the following is not an addition to the balance per the books on a bank

Question:

Step by Step Answer:

Financial Accounting The Impact On Decision Makers

Students also viewed these Business questions