Question
In reconciling the January bank statement, the Vice President discovered that the bookkeeper had recorded a check written for $454 as $544 in the cash
In reconciling the January bank statement, the Vice President discovered that the bookkeeper had recorded a check written for $454 as $544 in the cash disbursements journal. For the bank reconciliation, the $90 error should be:
A) added to balance per bank statement
B) added to balance per general ledger
C) deducted from balance per bank statement
D) deducted from balance per general ledger
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
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