Problem

Upon review of the most recent bank statement, you discover that you recently received an...

Upon review of the most recent bank statement, you discover that you recently received an “in­sufficient funds check” from a customer. Which of the following describes the actions to be taken when preparing your bank reconciliation?

Balance per Books

Balance per Bank

a. No change

Decrease

b. Decrease

Increase

c. Decrease

No change

d. Increase

Decrease

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