For which of the following errors would the appropriate amount be subtracted from the balance per books on a bank reconciliation?
A)Check written for $63, but 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 written for $57, but recorded by the company as $75.

Question

Quizplus · Accepted Answer

The company recorded a check for $36 instead of the correct amount of $63, meaning the books show $27 more than they should. To correct this, $27 should be subtracted from the balance per books.

For Which of the Following Errors Would the Appropriate Amount