Multiple Choice
The bank statement lists a $700 deposit as $70. On a bank reconciliation, the correction will appear as a(n) :
A) addition to the bank balance.
B) deduction from the book balance.
C) addition to the book balance.
D) deduction from the bank balance.
Correct Answer:

Verified
Correct Answer:
Verified
Q25: Separation of duties and responsibilities is essential
Q26: Using the following information, record journal entries
Q27: Which of the following auditors are employees
Q28: A bank reconciliation:<br>A)should be prepared by an
Q29: The entry to establish the petty
Q31: Different people should perform various accounting duties
Q32: If a bank reconciliation included a credit
Q33: Which of the following items used to
Q34: Paying top salaries to attract top-quality employees
Q35: Outstanding cheques are cheques:<br>A)not yet paid by