A Check Written by the Company for $275 Is Incorrectly

question 14

Multiple Choice

A check written by the company for $275 is incorrectly recorded by a company as $257.On the bank reconciliation, the $18 error should be

• A)added to the balance per books.
• B)deducted from the balance per books.
• C)added to the balance per bank.
• D)deducted from the balance per bank.

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Definitions:

Descriptive Approaches

Methods or strategies focused on describing and understanding phenomena rather than predicting or manipulating them.

Ethical Issues

Challenges or dilemmas that require individuals or organizations to consider moral principles in their decision-making processes.

Normative

Refers to standards or norms that dictate what actions or ideas are right and wrong, often applied in ethical, legal, and societal contexts.