For which of the following bank reconciliation adjustments would an adjusting journal entry not be necessary?
A)An error in which the company's accountant recorded a check as $235 that was written correctly for $253.
B)A check for $37 deposited during the month,but returned for non-sufficient funds.
C)An error in which the bank charged the company $83 for a check that had been written by another account holder.
D)All of these answer choices would require adjusting journal entries.

Question

Quizplus · Accepted Answer

An error made by the bank, such as charging the company for a check written by another account holder, does not require an adjusting journal entry by the company. The bank will correct this error on its own records.

For Which of the Following Bank Reconciliation Adjustments Would an Adjusting