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why not adding 145. If a check correctly written and paid by the bank for $4,910 is incorrectly recorded on the company's books for *4,190,
why not adding
145. If a check correctly written and paid by the bank for $4,910 is incorrectly recorded on the company's books for *4,190, the appropriate treatment on the bank reconciliation would be to a. add 720 to the book's balance. b. subtract 720 from the book's balance. c. deduct 1720 from the bank's balance. d. deduct 4,910 from the book's balance. Ans: B, SO: 7, Bloom AP. Difficulty Medium, Min: 3, AACSB: Analytic, AICPA BB: Legal Regulatory Perspective, AICPA FN: Reporting, AICPA PC: Problem Solving, IMA: Reporting
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