Multiple Choice
A check was written by a business for $507 but was recorded in the journal as $705.How would this error be included on the bank reconciliation?
A) a deduction on the bank side
B) an addition on the book side
C) an addition on the bank side
D) a deduction on the book side
Correct Answer:
Verified
Correct Answer:
Verified
Q57: For the following situation,state whether it represents
Q58: A check for which a maker's bank
Q59: Checking accounts and money market accounts are
Q60: Which of the following statements about internal
Q61: Which of the following illustrates the internal
Q63: A company has a cash ratio of
Q64: The petty cash fund had an initial
Q65: The cash ratio helps to determine a
Q66: Sales through credit cards and debit cards
Q67: Which of the following statements is correct?<br>A)