NSF checks from customers should be a(n) ________ on a bank reconciliation.

A. subtraction from the book balance
B. addition to the bank balance
C. subtraction from the bank balance
D. addition to the book balance


Answer: A

Business

You might also like to view...

In preparing a solicited proposal, how should you handle the RFP?

What will be an ideal response?

Business

Laura offered to sell Louis a tract of land. The offer was complete and certain as to all material terms. The offer stated that a telegraphed acceptance was required. Within a reasonable time, Louis telephoned Laura to accept. Which of the following is a true statement about this situation?

A. Louis's telephone call would be a good acceptance as this case involves a sale of goods. B. Louis has accepted because a telephone call is a reasonable means of acceptance. C. Louis has not accepted and there is no contract. D. Louis can use promissory estoppel to enforce a contract here.

Business

Discuss some of the things you should avoid doing when you are being evaluated by your boss and the evaluation highlights weaknesses, problems, or mistakes on your part.

What will be an ideal response?

Business

The Investing budget is made up of the production budget, the direct materials purchases budget, and the direct labor cost budget

Indicate whether the statement is true or false

Business