For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliatio...
For which of the following errors should the appropriate amount
be added to the balance per bank on a bank reconciliation?
| Check for $83 recorded by the company as $38. |
| Deposit of $100 recorded by the bank as $10. |
| Check for $75 recorded by the company as $57. |
| A returned $400 check recorded by the bank as $40. |
Please explain why the correct answer is correct, and why incorrect answer choices are wrong. Thank you.
Homework Answers
When company deposit 100 and bank recorded only 10 then remaining amount (100-10) = 90 should be recorded as added to the balance per bank on a bank reconciliation
So answer is b) Deposit of $100 recorded by the bank as $10
Add Answer to:
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