An error, on the company's books, in recording a $52 deposit as $25 would be included on the bank reconciliation as a(n):
A) addition to the balance per bank.
B) subtraction from the balance per bank.
C) addition to the balance per books.
D) subtraction from the balance per books.

Question

Quizplus · Accepted Answer

This error affects the company's books, not the bank's records. Since the deposit was recorded as less than the actual amount, correcting the error involves adding the difference to the balance per books to match the actual deposit amount.

An Error, on the Company's Books, in Recording a $52