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If the Bank Records a Deposit of $1,500 as $150

Question 1

Multiple Choice

If the bank records a deposit of $1,500 as $150, the error should be shown on a bank reconciliation as an) :


A) addition to the bank balance of $1,350.
B) addition to the book balance of $1,350.
C) deduction from the bank balance of $1,350.
D) deduction from the book balance of $1,350.

Correct Answer:

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