A payment for $46 is incorrectly recorded on the checkbook stub as $64.The $18 error should be shown on the bank reconciliation as:
A)added to the balance per bank statement.
B)deducted from the balance per bank statement.
C)added to the balance per books.
D)deducted from the balance per books.

Question

Quizplus · Accepted Answer

The error resulted in the books showing a higher payment than actually made. To correct this, $18 should be added back to the balance per books.

A Payment for $46 Is Incorrectly Recorded on the Checkbook