Solved

For Which of the Following Errors Should the Appropriate Amount

Question 8

Multiple Choice

For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?


A) cheque for $43 recorded as $34 by the depositor
B) deposit of $500 recorded by the bank as $50
C) a paid cheque for $200 recorded by the bank as $20
D) cheque for $35 recorded as $53 by the depositor

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: A system of internal control can only

Q6: Great Scott Corporation gathered the following reconciling

Q9: Allowing only the treasurer to sign cheques

Q11: Which of the following is(are) considered cash?<br>A)debit

Q12: Deposits in transit<br>A)have been recorded on the

Q13: Requiring employees to take vacations is a

Q44: Management only needs to know how much

Q47: Idle cash should be reported as restricted

Q60: A bank reconciliation is generally prepared by

Q164: All reconciling items in determining the adjusted