Which of the following would not cause the bank balance to differ from the cash balance in the accounting records?

A. The company made an error in recording a deposit.
B. The company wrote checks that have cleared the bank.
C. Deposits outstanding that have been recorded on the company's records, but not on the bank's.
D. The bank made an error in recording a deposit made by the company.


Answer: B

Business

You might also like to view...

Marketing logistics involves planning, implementing, and controlling the physical flow of goods, services, and related information from points of origin to points of consumption to meet customer requirements at a profit

Indicate whether the statement is true or false

Business

Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors and the level of sales. To test whether increasing prices will lead to a change in sales and, if so, how much of a change, she should use ________ research.

A. causal B. academic C. random D. descriptive E. exploratory

Business

What is an unincorporated business entity that combines the most favorable attributes of general partnerships, limited partnerships, and corporations?

A) A limited proprietorship B) A general corporation C) A limited liability corporation D) A limited partnership

Business

Which of the following is true regarding whether the "common enterprise" element of the SEC v. W.J. Howey Co case requires horizontal or vertical commonality?

a. The federal circuits are in agreement that there must be horizontal commonality even if vertical commonality can be shown. b. The federal circuits are in agreement that there must be vertical commonality even if horizontal commonality can be shown. c. There is a split in the federal circuits as to whether the common enterprise element of the test can be met by showing horizontal commonality or whether there must be vertical commonality. d. There is a split in the federal circuits as to whether the common enterprise element of the test can be met by showing vertical commonality or whether there must be horizontal commonality.

Business