To arrive at an accurate balance on a bank reconciliation statement, an error made by the bank in which the bank deducted a check issued by another business from the balance of the company's bank account should be:

Question

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This error by the bank incorrectly reduced the company's bank statement balance. To correct this, the amount of the check should be added back to the bank statement balance to reflect the true amount available in the company's bank account.

To Arrive at an Accurate Balance on a Bank Reconciliation