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The bank informed Sunflower Ltd that they had been incorrectly charged $600 which should have been charged to another company. If Sunflower Ltd has a
The bank informed Sunflower Ltd that they had been incorrectly charged $600 which should have been charged to another company. If Sunflower Ltd has a credit balance on their bank statement, what adjustment would need to be made to correct this error?
O a. add to cash balance per books
O b. deduct from cash balance per books
O c. add to cash balance per bank
O d. deduct from cash balance per bank
O e. no adjustment is required
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