Which of the following would be the appropriate treatment on a bank reconciliation if a...

80.2K

Verified Solution

Question

Accounting

Which of the following would be the appropriate treatment on a bank reconciliation if a check correctly written and paid by the bank for $734 is incorrectly recorded on the company's books for $743?

A. Add $9 to the book's balance

B. Deduct $11 from the bank's balance

C. Deduct $734 from the book's balance

D. Subtract $9 from the book's balance

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students