In comparing the canceled checks on the bank statement with the entries in the accounting records, it is found that check number 4239 for november's rent was correctly written and drawn for $7,390 but was erroneously entered in the accounting records as $3,790. when preparing the november bank reconciliation, the company should:
answer
a. deduct $3,600 from the bank statement balance
b. add 3,600 to the book balance of cash
c. deduct $3,600 from the book balance of cash
d. add $3,600 to the bank statement balance

How should the environmental effects be dealt with when evaluating this project? the environmental effects should be ignored since the plant is legal without mitigation. the environmental effects should be treated as a sunk cost and therefore ignored. if the utility mitigates for the environmental effects, the project is not acceptable. however, before the company chooses to do the project without mitigation, it needs to make sure that any costs of "ill will" for not mitigating for the environmental effects have been considered in the original analysis. the environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur. the environmental effects if not mitigated would result in additional cash flows. therefore, since the plant is legal without mitigation, there are no benefits to performing a "no mitigation" analysis.