For which of the following errors should the appropriate amount be subtracted from the balance per bank on a bank reconciliation?
A) Check for $63 recorded as $36.
B) Deposit of $600 recorded by bank as $60.
C) A returned $300 check recorded by bank as $30.
D) Check for $75 recorded as $57.
Correct Answer:
Verified
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A) occur because of time lags.
B)
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