If the bank mistakenly recorded a $92 payment as $29, the error would be shown on the bank reconciliation as a:
A) $63 addition to the bank balance.
B) $92 deduction from the bank balance.
C) $92 addition to the bank balance.
D) $63 deduction from the bank balance.
Correct Answer:
Verified
Q81: If a bookkeeper mistakenly recorded an $85
Q82: A bank service charge appears on a
Q83: If the bank mistakenly recorded a $29
Q84: If a bookkeeper mistakenly recorded a payment
Q85: A cheque written for $86.30 in payment
Q87: The following information is available for Andersen
Q88: If the bank mistakenly recorded a $71
Q89: In a bank reconciliation, an EFT cash
Q90: If a bank reconciliation included a credit
Q91: Interest expense appears on a bank reconciliation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents