A check written by the company for $167 is incorrectly recorded by a company as $176.On the bank reconciliation, the $9 error should be
A)added to the balance per books.
B)deducted from the balance per books.
C)added to the balance per bank.
D)deducted from the balance per bank.

Question

Quizplus · Accepted Answer

The error resulted in an overstatement of the expense by $9, so $9 should be added back to the balance per books to correct it.

A Check Written by the Company for $167 Is Incorrectly