A bank deposit of $450 recorded by the bank as $500 should appear on a bank reconciliation as a(n) :
A) deduction from the book balance of $50.
B) addition to the book balance of $50.
C) deduction from the bank balance of $50.
D) addition to the bank balance of $50.
Correct Answer:
Verified
Q66: In a bank reconciliation,an EFT cash payment
Q70: The checks that have been paid by
Q71: Checks written by a company, but not
Q73: Differences between the amount of cash reported
Q75: In a bank reconciliation, an EFT cash
Q76: A bank collected $200 on behalf of
Q77: Interest paid by the bank to a
Q78: If a bookkeeper mistakenly records a disbursement
Q82: If a bookkeeper mistakenly records a disbursement
Q132: The person who prepares the bank reconciliation:
A)should
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