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Multiple Choice question A business check had been written for $50, but was recorded incorrectly in the journal as The check was presented and paid
Multiple Choice question
A business check had been written for $50, but was recorded incorrectly in the journal as The check was presented and paid by the bank for $50. The following adjustment would b part of the reconciliation between the bank statement and the business records: a. an addition to the bank balance b. a deduction from the bank balance c. an addition to the book balance d. a deduction from the book balance 17. The bank erroneously credits the depositor's account for the deposit of another customer. This would appear in the bank reconciliation as a(n) a. an addition to the bank balance b. a deduction from the bank balance c. an addition to the book balance d. a deduction from the book balance 18. A business check had been written for $50, but was recorded incorrectly in the journal as The check was presented and paid by the bank for $50. The following adjustment would b part of the reconciliation between the bank statement and the business records: a. an addition to the bank balance b. a deduction from the bank balance c. an addition to the book balance d. a deduction from the book balance 17. The bank erroneously credits the depositor's account for the deposit of another customer. This would appear in the bank reconciliation as a(n) a. an addition to the bank balance b. a deduction from the bank balance c. an addition to the book balance d. a deduction from the book balance 18 Step by Step Solution
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