To arrive at an accurate balance on a bank reconciliation statement,an error made by the bank in which the bank deducted a check issued by another business from the balance of the company's bank account should be

Question

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Since the bank deducted a check issued by another business from the balance of the company's bank account, the company's actual bank balance is higher than what is shown on the bank statement. Therefore, the error made by the bank should be added to the bank statement balance to arrive at an accurate balance on the bank reconciliation statement.

To Arrive at an Accurate Balance on a Bank Reconciliation