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Sagot :
Certainly! Let's analyze the given options to determine the best choice for completing the bank reconciliation process.
To do this, we need to understand what each option implies:
1. Option A: Line 6 is [tex]$10.00 higher than line 5; look back at the statement to find the discrepancy. - This option suggests that there is a difference of $[/tex]10 between two lines, which needs verification.
2. Option B: Any transaction that appears on the register must still be added to the bank statement.
- This implies that if there are transactions in the register that are not on the bank statement, they should be added to the bank statement.
3. Option C: Add lines 5 and 6 together.
- This option suggests a mathematical addition of two lines, which is not relevant to reconciling differences in transactions.
4. Option D: The rent of [tex]$600 is in your checkbook but not on your bank statement. - This indicates a specific transaction (rent) that appears in the checkbook (register) but is missing from the bank statement and might need to be noted for reconciliation. ### Solution Examination: - Option A: Checking the provided table, there are no lines explicitly numbered 5 or 6, nor is there a clear discrepancy that would be resolved by looking at lines 5 and 6, so this seems irrelevant to our data. - Option B: This is a general rule in bank reconciliation. While it's true, we need to see if it specifically addresses any immediate discrepancies. - Option C: Simply adding two lines together isn't standard practice in reconciliation and seems out of context. - Option D: This option mentions a specific discrepancy—the rent payment of $[/tex]600.00, which is listed in the checkbook but not on the bank statement.
Considering that reconciliation involves ensuring all transactions are accounted for in both the checkbook and the bank statement, option D points out a specific transaction (rent of [tex]$600) and indicates it's missing from the bank statement, which would definitely need attention for reconciliation to be accurate. ### Conclusion: The most precise and contextually appropriate choice is: - D: The rent of $[/tex]600 is in your checkbook but not on your bank statement.
This specifies an actionable step towards correcting the discrepancy in the reconciliation process.
To do this, we need to understand what each option implies:
1. Option A: Line 6 is [tex]$10.00 higher than line 5; look back at the statement to find the discrepancy. - This option suggests that there is a difference of $[/tex]10 between two lines, which needs verification.
2. Option B: Any transaction that appears on the register must still be added to the bank statement.
- This implies that if there are transactions in the register that are not on the bank statement, they should be added to the bank statement.
3. Option C: Add lines 5 and 6 together.
- This option suggests a mathematical addition of two lines, which is not relevant to reconciling differences in transactions.
4. Option D: The rent of [tex]$600 is in your checkbook but not on your bank statement. - This indicates a specific transaction (rent) that appears in the checkbook (register) but is missing from the bank statement and might need to be noted for reconciliation. ### Solution Examination: - Option A: Checking the provided table, there are no lines explicitly numbered 5 or 6, nor is there a clear discrepancy that would be resolved by looking at lines 5 and 6, so this seems irrelevant to our data. - Option B: This is a general rule in bank reconciliation. While it's true, we need to see if it specifically addresses any immediate discrepancies. - Option C: Simply adding two lines together isn't standard practice in reconciliation and seems out of context. - Option D: This option mentions a specific discrepancy—the rent payment of $[/tex]600.00, which is listed in the checkbook but not on the bank statement.
Considering that reconciliation involves ensuring all transactions are accounted for in both the checkbook and the bank statement, option D points out a specific transaction (rent of [tex]$600) and indicates it's missing from the bank statement, which would definitely need attention for reconciliation to be accurate. ### Conclusion: The most precise and contextually appropriate choice is: - D: The rent of $[/tex]600 is in your checkbook but not on your bank statement.
This specifies an actionable step towards correcting the discrepancy in the reconciliation process.
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