When Preparing This Month's Bank Reconciliation,you Find That You Failed

question 144

Multiple Choice

When preparing this month's bank reconciliation,you find that you failed to record a $95 deposit for a payment you received from a customer.You immediately prepare a journal entry to record the deposit.Which of the following describes the actions to be taken when preparing next month's bank reconciliation?

• A) You must decrease the balance per bank by $95
• B) You must increase the balance per bank by $95
• C) You must increase the balance per books by $95
• D) No further action is necessary.