Multiple Choice
A cheque written by the company for $182 is incorrectly recorded as $218.On the bank reconciliation, the $36 error should be
A) added to the balance per books.
B) deducted from the balance per books.
C) added to the balance per bank.
D) deducted from the balance per bank.
Correct Answer:

Verified
Correct Answer:
Verified
Q70: Segregation of duties among employees eliminates the
Q78: All documents should be prenumbered.
Q79: Blank cheques<br>A)should be safeguarded.<br>B)should be pre-signed.<br>C)do not
Q80: An accounts payable clerk also has cheque
Q81: Cash equivalents<br>A)include all investments in shares.<br>B)include short-term,
Q82: A system of internal control can only
Q84: The use of a bank account makes
Q86: An example of segregation of duties is
Q87: Which of the following statements is true
Q88: Outstanding cheques from the prior period which