Solved

If the Bank Mistakenly Recorded a $92 Payment as $29

Question 66

Multiple Choice

If the bank mistakenly recorded a $92 payment as $29, the error would be shown on the bank reconciliation as a:


A) $63 addition to the bank balance.
B) $92 deduction from the bank balance.
C) $92 addition to the bank balance.
D) $63 deduction from the bank balance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions