For which of the following errors should the appropriate amount be added to the balance per bank on a bank reconciliation?
A)Check for $63 recorded by the company as $36.
B)Deposit of $600 recorded by the bank as $60.
C)A returned $300 check recorded by the bank as $30.
D)Check for $75 recorded by the company as $57.

Question

Quizplus · Accepted Answer

The bank recorded a deposit of $600 as $60, so the bank balance is understated by $540. This amount should be added to the balance per bank.

For Which of the Following Errors Should the Appropriate Amount