A Check Was Written by a Business for $507 but Was

question 62

Multiple Choice

A check was written by a business for $507 but was recorded in the journal as $705.How would this error be included on the bank reconciliation?

• A) a deduction on the bank side
• B) an addition on the book side
• C) an addition on the bank side
• D) a deduction on the book side

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Definitions:

Postwar Period

The era following the end of a significant conflict, often marked by reconstruction, reassessment of policies, and sometimes significant societal change.

Soviet Union

A former federation of communist republics in eastern Europe and northern Asia, existing from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).

Truman-Molotov Meeting

A significant diplomatic encounter between U.S. President Harry S. Truman and Soviet Foreign Minister Vyacheslav Molotov in April 1945, which marked the beginning of tensions leading to the Cold War.

International Diplomacy

The practice of negotiation and dialogue between countries, conducted by diplomats and political leaders, to manage international relations and resolve conflicts.