If a check correctly written and paid by the bank for 428, Ask an Expert

Accounting

If a check correctly written and paid by the bank for $428 is incorrectly recorded on the company's books for $482, the appropriate treatment on the bank reconciliation would be to:

Choose one answer.

a. add $54 to the bank's balance.

b. add $54 to the book's balance.

c. deduct $54 from the bank's balance.

d. deduct $428 from the book's balance.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M973962

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