Check Number 6135 for $576 was incorrectly entered as $657.Which adjustment needs to be made?
A) Decrease the book balance.
B) Decrease the bank statement balance.
C) Increase the book balance.
D) Increase the bank statement balance.

Question

Quizplus · Accepted Answer

The book balance needs to be increased because the check was recorded as more than its actual amount, reducing the book balance more than necessary. Correcting this error involves adding back the difference to the book balance.

Check Number 6135 for $576 Was Incorrectly Entered as $657