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

Question

Quizplus · Accepted Answer

The error in choice A involves a check that was written for $63 but recorded in the books as $36, meaning the books show $27 more than they should. Therefore, $27 should be subtracted from the balance per books to correct this error.

For Which of the Following Errors Should the Appropriate Amount