Answer:
b. Deducted from the balance per the depositor's records
Explanation:
As while preparing the bank reconciliation statements, there are the items that are added and deducted  in the company book accounts and the bank book accounts 
So in the given case, since the NSF check should be deducted from the depositor records or the company records as this derives that the check is returned by the bank but the same is not recorded in the company books so to balance the bank reconciliation statement we deduct it from the company books 
 
        
             
        
        
        
 Answer:
6.75%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.  
The NPER represents the time period.  
Given that,  
This is correct Present value = $976.87
Assuming figure - Future value or Face value = $1,000  
PMT = 1,000 × 6.5% = $65
NPER = 15 years
The formula is shown below:  
= Rate(NPER,PMT,-PV,FV,type)  
The present value come in negative  
So, after solving this,  the answer would be 6.75%
 
        
             
        
        
        
Answer:
Explanation:
1. The journal entry for declaration of dividend is shown below:
Retained Earnings A/c Dr
 = (8,600 million shares × $0.18 per share) = $1,548 million 
           To Dividend payable in cash                                         $1,548 million
(Being dividend is declared)
2. No journal entry should be passed on the record date
3. The journal entry for payment of the cash dividend is shown below:
Cash dividend payable A/c Dr     $1,548 million 
       To Cash                                                              $1,5480 million 
(Being payment is made for cash dividend)