Multiple Choice
If a check correctly written and paid by the bank for $628 is incorrectly recorded on the company's books for $682, the appropriate treatment on the bank reconciliation would be to
A) add $54 to the book's balance.
B) subtract $54 from the book's balance.
C) deduct $54 from the bank's balance.
D) deduct $628 from the book's balance.
Correct Answer:
Verified
Correct Answer:
Verified
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