If a bookkeeper mistakenly recorded a disbursement of $48 instead of the correct amount of $84,the error would be shown on the bank reconciliation as a:

Question

Quizplus · Accepted Answer

As the bookkeeper recorded a lower amount than the actual disbursement, it means that there is an understatement of expenses in the books. Therefore, to correct the error, a deduction of $36 ($84 - $48) needs to be made from the books to match it with the actual amount. Thus, the error would be shown as a $36 deduction from the books on the bank reconciliation.

If a Bookkeeper Mistakenly Recorded a Disbursement of $48 Instead