If a Bookkeeper Mistakenly Recorded a Cheque as $38 Instead

question 129

Multiple Choice

If a bookkeeper mistakenly recorded a cheque as $38 instead of the correct amount of $83, the error would be shown on the bank reconciliation as a:

• A)$45 addition to the book balance.
• B)$45 deduction from the book balance.
• C)$45 deduction from the bank balance.
• D)$45 addition to the bank balance.

---

Definitions:

Current Period

Refers to the specific duration of time for which financial activities are reported and analyzed, usually a fiscal quarter or year.

Intragroup Transactions

Transactions that occur between entities within the same group of companies.

Subsequent Periods

Time frames following the current reporting period, often relevant in financial forecasting and analysis.