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Pierce Corp

Question 54

Multiple Choice

Pierce Corp.identified the following data in preparing a bank reconciliation on October 31, 2014.
Pierce Corp.identified the following data in preparing a bank reconciliation on October 31, 2014. What is the net amount of the adjustments to Pierce's cash balance as a result of the bank reconciliation? A) No amounts need to be recorded B) $400 increase C) $400 decrease D) $900 decrease
What is the net amount of the adjustments to Pierce's cash balance as a result of the bank reconciliation?


A) No amounts need to be recorded
B) $400 increase
C) $400 decrease
D) $900 decrease

Correct Answer:

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