When preparing a bank reconciliation, a deposit credited to our account by the bank in error is

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The deposit credited to our account by the bank in error would cause an increase in the bank statement balance that is not reflected in our own records. Therefore, we need to deduct this amount from the bank statement balance in our bank reconciliation to arrive at the correct adjusted bank statement balance. This error was made by the bank and does not affect our own records, so we would not need to adjust our own balance per books.

When Preparing a Bank Reconciliation, a Deposit Credited to Our