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 $86 recorded as $68 by the depositor
B) deposit of $300 recorded by the bank as $30
C) a paid cheque for $600 recorded by the bank as $60
D) cheque for $28 recorded as $82 by the depositor
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Maximum benefit from review and reconciliation is
Q3: Internal controls may be limited by each
Q4: A cheque in the amount of $425
Q5: On a bank reconciliation, which of the
Q6: If a cheque correctly written and paid
Q8: Debt investments due within three months are
Q9: Two employees at a retail store work
Q10: In preparing a bank reconciliation, outstanding cheques
Q11: NSF cheques received are accounted for by
Q12: Sunny Sky Corporation gathered the following reconciling