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If the Bank Mistakenly Recorded a $71 Deposit as $17

Question 116

Multiple Choice

If the bank mistakenly recorded a $71 deposit as $17, the error would be shown on the bank reconciliation as a:


A) $71 addition to the bank balance.
B) $54 addition to the bank balance.
C) $71 deduction from the bank balance.
D) $54 deduction from the bank balance.

Correct Answer:

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