If the Four Corners Company's accountant mistakenly records a deposit of $383 as $838, the error would be shown on the bank reconciliation statement as a:

Question

Quizplus · Accepted Answer

In order to reconcile to the bank statement, the $455 error ($838 - $383) in recording a deposit in the general ledger must be deducted from the general ledger cash account balance, since $455 less was added to the bank account balance, than was added in the general ledger.

If the Four Corners Company's Accountant Mistakenly Records a Deposit