When Preparing the Bank Reconciliation James Found That the Bank

Multiple Choice

When preparing the bank reconciliation James found that the bank had incorrectly debited the business' bank account with $200. The proper procedure is to:

A) deduct $200 from the bank balance in the general ledger and notify the bank.
B) do nothing as the bank will adjust the error when they balance.
C) deduct $200 from the bank balance in the general ledger.
D) add $200 to the bank statement balance in the bank reconciliation and notify the bank.