Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

29 . please i need the answer If a check correctly written and paid by the bank for R. O. 10,190 is incorrectly recorded on

image text in transcribed

29 . please i need the answer

image text in transcribed
If a check correctly written and paid by the bank for R. O. 10,190 is incorrectly recorded on the company's books for R O.10,910, the appropriate treatment on the bank reconciliation would be to Select one O a. Deduct R.O.720 from the bank's balance O b. Subtract R.O.720 from the book's balance O c. Deduct R.O.4, 910 from the book's balance O d. Add R.O.720 to the book's balance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

9th edition

1118608224, 1118608227, 730323994, 9780730323990, 730319172, 9780730319177, 978-1118608227

More Books

Students also viewed these Accounting questions

Question

=+a) What is the minimax choice?

Answered: 1 week ago