A Payment for $25 Is Incorrectly Recorded on the Checkbook

question 92

Multiple Choice

A payment for $25 is incorrectly recorded on the checkbook stub as $52.The $27 error should be shown on the bank reconciliation as:

• A)added to the balance per bank statement.
• B)deducted from the balance per bank statement.
• C)added to the balance per books.
• D)deducted from the balance per books.

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Definitions:

Percentage

A mathematical term expressing a number or ratio as a fraction of 100, used to compare proportions.

Aphasic

Pertaining to aphasia, a condition characterized by the loss of the ability to understand or express speech, caused by brain damage.

Apraxic

Refers to the impairment in the ability to perform movements or gestures, despite having the physical ability to do so, usually due to brain damage.

Posterior Lesions

Damage or abnormalities found on the back part of an organ or the body, often referring to areas in the brain or spinal cord.