If a Check Correctly Written and Paid by the Bank

question 76

Multiple Choice

If a check correctly written and paid by the bank for $517 is incorrectly recorded on the company's books for $571, the appropriate treatment on the bank reconciliation would be to

• A) add $54 to the bank's balance.
• B) add $54 to the book's balance.
• C) deduct $54 from the bank's balance.
• D) deduct $517 from the book's balance.

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Definitions:

Elected Pope

The process by which a new pope is chosen, typically through a papal conclave where cardinals vote in secrecy until a candidate receives a majority of votes.

Maniera Greca

Italian, “Greek manner.” The Italo-Byzantine painting style of the 13th century.

Madonna Enthroned

A type of Christian art depicting the Virgin Mary seated on a throne as Queen of Heaven, often with the Christ Child.

Cimabue

An Italian painter and designer from the late 13th century, considered one of the last great Italian artists in the Byzantine style.