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If a Cheque Correctly Written and Paid by the Bank

Question 2

Multiple Choice

If a cheque correctly written and paid by the bank for $354 is incorrectly recorded on the company's books for $345, the appropriate treatment on the bank reconciliation would be to:


A) add $9 to the bank's balance.
B) add $9 to the cash at bank book balance.
C) deduct $9 from the bank's balance.
D) deduct $9 from the cash at bank book balance.

Correct Answer:

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