A payment for $51 is incorrectly recorded on the checkbook stub as $15. The $36 error should be shown on the bank reconciliation as:
A) added to the balance per bank statement.
B) deducted from the balance per bank statement.
C) added to the balance per books.
D) deducted from the balance per books.

Question

Quizplus · Accepted Answer

The error means the books show $36 less than they should, so $36 must be deducted from the balance per books to correct it.

A Payment for $51 Is Incorrectly Recorded on the Checkbook