The cash account for stone systems at july 31 indicated a balance of $17,750. the bank statement indicated a balance of $33,650 on july 31. comparing the bank statement and the accompanying canceled checks and memos with the records reveals the following reconciling items:

It's if you can't see their account. much like a twitter block, they might tell you.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

The answer is  passage 1.