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If a Check Correctly Written and Paid by the Bank

Question 74

Multiple Choice

If a check correctly written and paid by the bank for $584 is incorrectly recorded on the company's books for $548, the appropriate treatment on the bank reconciliation would be to


A) deduct $36 from the book's balance.
B) add $36 to the book's balance.
C) deduct $36 from the bank's balance.
D) deduct $584 from the book's balance.

Correct Answer:

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