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Wolfpack Corp. is preparing its bank reconciliation for the month of May. They have discovered that during May, they debited Supplies and credited Cash for

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Wolfpack Corp. is preparing its bank reconciliation for the month of May. They have discovered that during May, they debited Supplies and credited Cash for $5,000 when the amount should have been $500. The bank deducted the correct amount of $500 from Wolfpack's checking account. Question: How should Wolfpack account for this error on its bank reconciliation? Select one: a. They should subtract $4,500 from the Company (or book) side of the reconciliation b. They should subtract $4,500 from the bank side of the reconciliation c. They should add $4,500 to the Company (or book) side of the reconciliation d. They should add $4,500 to the bank side of the reconciliation

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