If a Bookkeeper Mistakenly Records a Disbursement as $810 Instead

question 109

Multiple Choice

If a bookkeeper mistakenly records a disbursement as $810 instead of the correct amount of $180, the error should be shown on the bank reconciliation as a(n) :

• A)$180 addition to the books.
• B)$180 deduction from the books.
• C)$630 addition to the books.
• D)$630 deduction from the books.

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Definitions:

Brewery

An establishment focused on the production of beer through the fermentation process, which may also serve as a venue for selling and tasting.

Nominal Damages

A small monetary award (often one dollar) granted to a plaintiff when no actual damage was suffered or when the plaintiff is unable to show such loss with sufficient certainty.

Loss of the Bargain

The difference between the value of what was promised in a contract and what was actually delivered, potentially leading to damages in a breach of contract case.

Acted Wrongfully

Engaging in actions that are illegal, unethical, or contrary to established norms, often resulting in harm or disadvantage to others.