Question
A cheque cashed by the payee for $2,200 was recorded in thecompany's accounting records for$220. On a bankreconciliation, $1,980 will be_______. (Choose the right one)
A cheque cashed by the payee for $2,200 was recorded in thecompany's accounting records for$220. On a bankreconciliation, $1,980 will be_______.
(Choose the right one)
A.added to the bank balance
B.deducted from the book balance
C.added to the book balance
D.deducted from the bank balance
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Ethics in Accounting A Decision Making Approach
Authors: Gordon Klein
1st edition
1118928334, 978-1118928332
