Question

D) subtraction of $90 to the balance per books. 14) If a bookkeeper mistakenly records a disbursement as $69 instead of the correct amount of $96, the error should be shown on the bank reconciliation as a: A) $27 addition to the balance per books. B) $27 deduction from the balance per books. C) $165 addition to the balance per books. D) $165 deduction from the balance per books. 15) A check received from a customer for which there are not sufficient funds in the bank to cover the amount of the check is a(n): A) service charge. B) error. nonsufficient funds check. D) blank check. 16) If the bank records a deposit of $130 as $1,300, the error should be shown on a bank reconciliation as a: A) subtraction from the book balance of $1,430. B) subtraction from the bank balance of $1,430. C) subtraction from the bank balance of $1,170. D) subtraction from the book balance of $1,170.

Answer 1

Answer 14:

B. $ 27 deduction from the balance per books

Explanation:

Cashbook has been deducted by $ 69 and the passbook has been deducted by $ 96. So, cash book must be deducted by $ 27 more to make them balanced.

Answer 15:

C. Nonsufficient funds (NFS) check

Explanation:

NSF check is that check that has not ben honored by the bank because the issuer does not have sufficient funds in his account.

Answer 16:

C. Subtraction from the bank balance of $ 1,170.

Explanation:

Cashbook has been added by $ 130 but the passbook has been added by $.1,300. So, the passbook needs to be deducted by $ 1,170 to make them balanced.

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