A check drawn by a company in payment of a voucher for $635 was recorded in the journal as $365. This item would be included in the bank reconciliation as a(n)

Name: A check drawn by a company in payment of a voucher for $635 was recorded in the journal as $365. This item would be included in the bank reconciliation as a(n)
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Question

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The error in recording the check amount means the company's records show $270 less than the actual payment. To correct this, $270 should be deducted from the company's records.

A Check Drawn by a Company in Payment of a Voucher