The August bank statement for Midway Company showed that the bank had collected a $5,000 note receivable for the company.Midway Company has not recorded the collection.On the bank reconciliation,the $5,000 should be ________.
A) added to the balance per books
B) deducted from the balance per books
C) added to the balance per bank statement
D) deducted from the balance per bank statement
Correct Answer:
Verified
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