Multiple Choice
If a bookkeeper mistakenly recorded an $85 deposit as $58, the error would be shown on the bank reconciliation as a(n) :
A) $27 deduction from the book balance.
B) $85 addition to the book balance.
C) $27 addition to the book balance.
D) $85 deduction from the book balance.
Correct Answer:
Verified
Correct Answer:
Verified
Q57: Classify each of the following reconciling items
Q58: The following information is needed to reconcile
Q59: Members of CPA Canada are expected to
Q60: Table 8-4<br>The October 31st bank reconciliation, the
Q61: The word "ethics" can best be described
Q63: A cheque for the cash purchase of
Q64: Designating a corporate controller is an example
Q65: One characteristic of an effective system of
Q66: If the bank mistakenly recorded a $92
Q67: The person to whom a cheque is