If a Cheque Correctly Written and Paid by the Bank

question 15

Multiple Choice

If a cheque correctly written and paid by the bank for $528 is incorrectly recorded on the company's books for $582, 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 $528 from the book's balance.

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