Multiple Choice
When preparing this month's bank reconciliation,you find that you failed to record a $95 deposit for a payment you received from a customer.You immediately prepare a journal entry to record the deposit.Which of the following describes the actions to be taken when preparing next month's bank reconciliation?
A) You must decrease the balance per bank by $95
B) You must increase the balance per bank by $95
C) You must increase the balance per books by $95
D) No further action is necessary.
Correct Answer:
Verified
Correct Answer:
Verified
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