Law College

Steps in the bank reconciliation process

Answers

Answer 1

Answer:

Steps:

Explanation:

1: Compare the bank account balance to the cash balance on your books

2: Scrutinize your bank statement

3: Scrutinize your cash book

4: Adjust the balance of your bank account

5: Adjust the balance of your books

6: Record the reconciliation

(Hope this helps?)

Related Questions

Which of the following statements about prejudice is true?
a. Prejudice involves prejudgments. b. Prejudice treats everyone in some category in the same way. c. Prejudice can be positive or negative. (d). All of the above are correct.

Answers

All of the above are correct about prejudice. The correct option is d.

All of the statements made are true, and prejudice is a complicated phenomenon. prejudice involves prejudgments which occur when people form opinions or assumptions about others without having enough information or background. Second prejudice results in unfair and discriminatory treatment that is based on stereotypes and biases and does not treat everyone equally.

Finally prejudice can appear in both positive and negative ways because it can lead to people having favorable or unfavorable attitudes toward other people. In order to effectively address and challenge prejudice it is crucial to understand its multifaceted nature. By recognizing these factors we can work to combat the negative effects of prejudice in society and promote understanding, equality and empathy.

Learn more about prejudice at:

brainly.com/question/31431721

#SPJ4

The graph shows the market for graphic T-shirts.
Price in Dollars
18
16
14
12
10
8
4
2
10
20
40
Quantity Supplied
→
50
What does the graph show about the relationship
between a product and its price?
O As the amount of a product goes up, the price goes
up.
O As the amount of a product goes down, the price
goes up.
O As the interest in a product goes up, the price goes
up.
O As the interest in a product goes down, the price goes
up.

Answers

The relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.

What is the relationship between a product and its price?

The theory of price states that, the price is affected by various factors in the market and these factors can influence the price of the product.

The factors may be as follows -

Income of the consumers.Price of substitute goods.Price of complementary goods.Taste and preferences of consumers.

Thus, the relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.

Learn more about price at:

brainly.com/question/26075805

#SPJ1

Full Question:

Although part of your question is missing, you might be referring to this full question:

The graph shows the market for graphic T-shirts.

What does the graph show about the relationship between a product and its price?

As the amount of a product goes up, the price goes up.

As the amount of a product goes down, the price goes up.

As the interest in a product goes up, the price goes up.

As the interest in a product goes down, the price goes up.

See attached image.

jurisdiction of local police agencies is limited to the geographical boundaries of the__________

Answers

The jurisdiction of local police agencies is limited to the geographical boundaries of the locality they operate in.

Jurisdiction refers to the area within which a police department is allowed to operate and enforce laws. The jurisdiction of local police agencies is limited to the geographical boundaries of the locality they operate in. These boundaries can be based on the city, county, or state that the department operates within.Law enforcement agencies are divided into several levels, such as local, state, and federal law enforcement agencies. Local police agencies usually have jurisdiction within the boundaries of their locality, such as a city or town, whereas state and federal law enforcement agencies have broader jurisdiction that can cover multiple localities or even the entire country.In summary, the geographical boundaries of the locality determine the jurisdiction of local police agencies. These agencies have the power to enforce laws only within the boundaries of the locality they operate in.

To know more about Jurisdiction visit:

brainly.com/question/14179714

#SPJ11

What level of law enforcement divides duties between counties and municipalities?

Answers

The level of law enforcement that divides duties between counties and municipalities is known as local law enforcement.

Local law enforcement agencies are responsible for maintaining public safety and enforcing laws within their respective jurisdictions. In many countries, including the United States, the duties and responsibilities of law enforcement are divided between counties and municipalities.

Counties typically have sheriff's departments or county police departments that are responsible for law enforcement in unincorporated areas and may also provide support services to municipalities within the county. They often handle a wide range of duties, including patrolling rural areas, serving warrants, and operating county jails.

On the other hand, municipalities, such as cities and towns, have their own police departments responsible for enforcing laws within their city limits. Municipal police departments focus on maintaining order, responding to emergencies, conducting investigations, and providing community-oriented policing services.

This division of duties between counties and municipalities allows for more localized law enforcement and enables agencies to cater to the specific needs and characteristics of their respective jurisdictions. It ensures that law enforcement services are delivered efficiently and effectively at the local level, where they can be tailored to the unique circumstances and priorities of each community.

Learn more about local law enforcement here:

https://brainly.com/question/28173975

#SPJ11

Many northern states passed personal-liberty laws in order to A) minimize the enforcement of the Fugitive Slave Law.
B) weaken the position of free blacks in their states.
C) weaken the abolitionist movement by offering some personal liberties to blacks but not true equality.
D) protect the rights of white men against the attacks of abolitionists and women.
E) make sure that the Bill of Rights was respected.

Answers

In order to reduce the Fugitive Slave Law's enforcement, many northern states created legislation protecting individual liberties. The Fugitive Slave Law was the strictest regulation that the US government imposed to safeguard the rights of slaveowners.

Northern States created personal liberty laws to counteract the Fugitive Slave Law and protect the rights of free black people. Personal-liberty laws were laws passed by many states in the Northern United States during the 1850s. They were designed to protect individual free blacks from kidnapping and to safeguard their right to a fair trial when they were accused of being runaway slaves.

Personal-liberty laws made it difficult for fugitive slave hunters to capture and return slaves. In addition, it made the kidnapping of free black people a crime.

Because of the Fugitive Slave Law, legislation protecting individual liberties were adopted. Congress passed the Fugitive Slave Act of 1850 to enhance the federal government's capacity to locate and apprehend fugitive slaves.

As a result of the Fugitive Slave Law, anyone who assisted a slave, refused to help capture a fugitive slave, or rescued a captured slave was punished. The Fugitive Slave Law resulted in a significant public outcry against the law in the Northern United States. In response, states passed personal-liberty laws.

To Know more about federal government's

https://brainly.com/question/14858877

#SPJ11

Other Questions

Suppose X is a random variable with mean 10 and variance 16. Give a lower bound for the probability P(X >-10). Which gland is NOT matched with its type of secretion?a. prostate gland: milky, acidic semenb. bulbourethral glands: lubricating secretionc. seminal vesicles: 70% of seminal volumed. urethra: clear, viscous mucus that neutralizes urine Politicians should pursue common ground and reasonable consensus rather than elusive ideals.Some people claim that the goal of politics should be the pursuit of an ideal. Others argue that the goal should be finding common ground and reaching reasonable consensus. Let B be a fixed n x n invertible matrix. Define T: MM by T(A)=B-AB. i) Find T(I) and T(B). ii) Show that I is a linear transformation. iii) iv) Show that ker(T) = {0). What ia nullity (7)? Show that if CE Man n, then C R(T). When Ann dines out, she always uses alcohol hand sanitizer to protect herself from the pandemic. What method for handling the risk is used by Ann? Select one: a. Retention b. Avoidance c. Loss prevention d. Loss reduction e. None of the above Clear my choice Jerry is older than his wife. He wants to make sure that there are funds available to support his wife's living expenses if he passes away before his wife. What kind of insurance should Jerry purchase? Select one: a. Annuity b. Life Insurance c. Disability-income insurance d. Homeowners insurance e. None of the above Traditionally, change for American managers involves large magnitudes, such as majororganizational restructuring. The Japanese, on the other hand, believe that the best and most lastingchanges come from gradual improvements. Explain two techniques that can be used to achievegradual improvements. Solve for x: 1.1.1 x-x-20 = 0 1.1.2 3x2x-6=0 (correct to two decimal places) 1.1.3 (x-1)9 1.1.4 x+6=2 Solve for x and y simultaneously 4x + y = 2 and y + 4x-8=0 The roots of a quadratic equation are given by x = -4 (k+1)(-k+ 3) 2 1.3.1 If k= 2, determine the nature of the roots. 1.3.2 Determine the value(s) of k for which the roots are non-real 1.4 Simplify the following expression 1.4.1 24n+1.5.102n-1 20 What are the three elements of the Revised Trauma Score? How many moles of silver are 8.46 x 10 24 atoms of silver? An oligopolistic agreement is more likely to fall apart ifthere are a larger number of buyers of the oligopolists' productthere are a smaller number of buyers of the oligopolists' productthere are a larger number of oligopoliststhere is a greater chance that the game among the oligopolists will be played over and over again Evaluate the integral: tan () S -dx If you are using tables to complete-write down the number of the rule and the rule in your work. what mass would occupied by 120 mole of argon gas at stp .Consider the following Keynesian small open economy: Desired consumption Cd= 200+0.69YDesired investment Id=80-100rGovernment purchases G= 20 PNet exports NX= 85-0.09Y-eReal exchange rate =e=100Money supply M = 115Money demand I = 0.5Y - 200rfull employment output: = 300In, this economy, the real interest rate does not deviate from the foreign interest rate. (a) Assuming this economy is in general equilibrium, what is the value of the Confidential interest rate r? (b) Assuming fixed nominal exchange rates and a fixed domestic price level, what is the effect on domestic output if the foreign interest rate increases by 0.05? What is the size of the nominal money supply in the new short-run equilibrium? (c) Assuming flexible exchange rates and a fixed domestic price level, what is the effect on domestic output if the foreign interest rate increases by 0.05? What is the value of the real exchange rate in the new short, in equilibrium? (d) In the long run, how does the domestic price level respond to an increase in the foreign interest rate? 22-7 (2)=-12 h) logx - 30 +2=0 log.x how much power does the air conditioner's compressor require? The major advantage of a telephone call over written correspondence is that:A) it is cheaperB) less time is involvedC) it offers spontaneityD) the buyer A sternal puncture is often employed to obtain a sample of. A. compact bone. B. osteoblast. C. fibroblast. D. red bone marrow. E. yellow bone marrow. If interest rates increase from 3% to 4%, a $100,000 10 year bond with a duration of 8 years would ______. in price by approximately ____. O a. increase; 7.8% O b. decrease; 9.7% O c. increase; 9.7% O d. decrease; 7.8% 4. The two major categories of the processes used by individuals for behavior change area. cognitive and physiologicalb. cognitive and behavioralc. social and physiologicald. behavioral and sociale. cognitive and social You shorted 390 shares of MMM for $85 per share using an inital margin of 74%. At the moment the stock is trading for $88. What is the equity in the account (in $ )?