A ledger records $50 as a payment (credit) and the bank statement deducts $75 from the bank account in error. To correct the error:

Question 1 options:

a-Increase bank account

b-Decrease bank account

c-Increase ledger account

d-Decrease ledger account

A ledger records $100 as a payment (credit) and the bank statement shows $130. $100 on the ledger is correct. To correct the error:

Question 2 options:

a-Increase bank account

b-Decrease bank account

c-Increase ledger account

d-Decrease ledger account

A ledger records $500 as a deposit (debit) and the bank statement shows $100. $500 on the ledger is correct. To correct the error:

Question 3 options:

a-Increase bank account

b-Decrease bank account

c-Increase ledger account

d-Decrease ledger account