On a bank reconciliation, the amount of an NSF check is:

A. added to the company's balance of cash.
B. deducted from the bank balance of cash.
C. deducted from the company's balance of cash.
D. added to the bank balance of cash.


Answer: C

Business

You might also like to view...

From a marketing perspective it is easier to strengthen a linkage that already exists than to create a new linkage or modify a current linkage in an individual's cognitive map

Indicate whether the statement is true or false

Business

Volume variance measures fixed factory overhead

Indicate whether the statement is true or false

Business

Most financial theorists believe that the optimal capital structure is a ________ with a debt to total value ratio somewhere around ________

A) point; 50% B) point; 25% C) range; 30%-60% D) range; 10%-40%

Business

Nessi Bru, an American construction firm, and West Brook Inc., a Canadian construction firm, collaborated on an infrastructure project to build a railway track from Regina in Canada to Minneapolis in the United States. They shared their resources, risks, and profits, but they still functioned as two independent firms. In this scenario, Nessi Bru and West Brook Inc. were most likely involved in _____.

A. a joint venture B. a limited liability partnership C. foreign franchising D. foreign outsourcing

Business