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Mr. Monopoly wrote a check for $312 to purchase a new monacle. His accountant, Mr. Thimble, made a mistake and recorded the check as $263

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Mr. Monopoly wrote a check for $312 to purchase a new monacle. His accountant, Mr. Thimble, made a mistake and recorded the check as $263 in error. On the bank reconciliation, how should Mr. Thimble record the error? Multiple Choice Subtract $49 from the bank's balance Add $49 to the bank's balance O Subtract $49 from the bank's balance and add $49 to the book's balonce

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