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A companys journal entry incorrectly showed a $700 deposit as $70. How will the correction of this error appear on the companys bank statement? A)Addition
A companys journal entry incorrectly showed a $700 deposit as $70. How will the correction of this error appear on the companys bank statement?
A)Addition on the companys side of $700 and a subtraction of $70
B)Subtraction on the companys side of $700 and an addition of $70
C)Addition on the banks side of $700 and a subtraction of $70
D)Subtraction on the banks side of $700 and an addition of $70
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