If a Check Correctly Written and Paid by the Bank

question 94

Multiple Choice

If a check correctly written and paid by the bank for $272 is incorrectly recorded in the company's books for $227,how should this error be treated on the bank reconciliation?

• A)Subtract $45 from the bank's balance.
• B)Add $45 to the bank's balance.
• C)Subtract $45 from the book balance.
• D)Add $45 to the book balance.
• E)Subtract $45 from the bank's balance and add $45 to the book's balance.

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Definitions:

Endocrine System

A collection of glands that secrete hormones into the bloodstream, regulating processes such as growth, metabolism, and mood.

Cerebrum

The largest part of the brain, responsible for voluntary actions, speech, senses, thought, and memory.

Limbic System

A complex system of nerves and networks in the brain, involved with instinct and mood, controlling basic emotions, and drives.

Cerebellum

A key part of the brain responsible for coordinating voluntary movements, balance, and muscle tone.