If a Check Correctly Written and Paid by the Bank

question 74

Multiple Choice

If a check correctly written and paid by the bank for $584 is incorrectly recorded on the company's books for $548, the appropriate treatment on the bank reconciliation would be to

• A) deduct $36 from the book's balance.
• B) add $36 to the book's balance.
• C) deduct $36 from the bank's balance.
• D) deduct $584 from the book's balance.

---

Definitions:

Recognizing Patterns

The capability of identifying regularities, structures, or specific arrangements within sets of data, often utilizing machine learning algorithms for analysis.

Duplication

The act or process of producing an exact copy of something.

Total Cost

The complete amount of money spent on the purchase of goods or services, including all related expenses.

Sensory Experiences

Interactions with the environment that involve stimulation of any of the senses, providing a subjective perceptual experience.