Question
The May 31 bank statement included a $50 debit memorandum for bank services; Chung has not yet recorded the cost of these services. In the
The May 31 bank statement included a $50 debit memorandum for bank services; Chung has not yet recorded the cost of these services. In the bank reconciliation, this will show as a/an?
| A. | Deduction of $50 to the book balance | |
| B. | Deduction of $50 to the bank balance | |
| C. | Addition of $50 to the book balance | |
| D. | Addition of $50 to the bank balance |
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Company Accounting
Authors: Ken Leo, Jeffrey Knapp, Susan McGowan, John Sweeting
11th Edition
0730344770, 9780730344773
