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A firm appropriately wrote a check for $78 but entered the amount as payment of $87. On a bank reconciliation statement this error would be shown as :

A) deduction of $9 from the book balance.

B) an addition of $9 to the book balance.

C) a deduction of $9 from the bank statement balance.

D) an addition of $9 to the bank statement balance.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M940310

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