A Cheque Written by the Company for $182 Is Incorrectly

question 83

Multiple Choice

A cheque written by the company for $182 is incorrectly recorded as $218.On the bank reconciliation, the $36 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:

Leased Premises

Property that is rented under the terms of a lease agreement.

Landlord

A landlord is an individual or entity that owns and rents out property, such as apartments or offices, to tenants in exchange for rent.

Writing

The representation of language in a textual medium through the use of set characters.

Lease Term

The duration for which a lease agreement remains effective, typically stated in months or years.