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    Accounting Study Set 4
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    Exam 8: Internal Control and Cash
  5. Question
    A Check for $342 Was Erroneously Charged by the Bank
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A Check for $342 Was Erroneously Charged by the Bank

Question 77

Question 77

True/False

A check for $342 was erroneously charged by the bank as $432. In order for the bank reconciliation to balance, you must add $90 to the bank statement balance.

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