23 if total salaries for the last four weeks were 17 492 32 hourly office wages were 4312243

23 if total salaries for the last four weeks were 17 492 32 hourly office wages were 4312243

23) If total salaries for the last four weeks were $17,492.32, Hourly office wages were $1,600.00, and Hourly wages amounts were $7,979.00, the weekly average would be?

A) $6,767.80

B) $7,676.08

C) $6,767.83

D) $6,767.88

24) To compute a daily average wage, you should divide the weekly average wage of $6,767.83 by the number of working days in a week (5) to get the daily average wage of:

A) $1,333.42.

B) $1,335.22.

C) $3,153.42.

D) $1,353.57.

25) Types of errors that can cause a difference between an ending bank statement balance and the ending balance in the cash account on the general ledger include:

A) deposits in transit and Outstanding checks.

B) errors made by the bank, Bank Fees, and NSF checks.

C) ATM deposits and withdrawals.

D) all the above.

26) To reconcile the bank accounts, from the Home page select:

A) Reconciliation.

B) Reconcile.

C) Company>>Banking>>Reconcile.

D) Reconcile>>Bank Accounts.

27) When reconciling a checking account, the button that customizes data displayed in the columns is the:

A) View.

B) Columns to View.

C) Columns to Display.

D) Display.

28) The button in the Reconcile window that saves your work and closes the reconciliation window so you can finish reconciling later is called:

A) Leave.

B) Exit.

C) Save As.

D) Save.

29) A reconciliation report showing that the cleared balance of the reconciled bank account agrees with the ending balance on the bank statement is called:

A) Reconciliation Detail report.

B) Reconciled Bank Statement report.

C) Reconciliation Summary report.

D) both A and B.

30) Reconciliation reports can be reprinted by selecting Reports>>Banking>>:

A) Reconciliation History.

B) Previous Bank Statements>>Reconciled.

C) Previous Reconciliation.

D) Previous End of Month Reconciliation.

31) A reconciliation report that provides information on individual transactions is called a:

A) Reconciliation Detail report.

B) Reconciled Bank Statement report.

C) Reconciliation Summary report.

D) Summary of Ending Bank Balance.

32) The first report printed after closing the end of the period, which is then reviewed so you can do a final account balance check before printing financial statements, is called the:

A) Trial Balance.

B) General Ledger.

C) Income Statement.

D) Balance Sheet.

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