A cheque written for $86.30 in payment of an account was recorded on the books as $68.30. On a bank reconciliation, this will appear as a(n):
A)addition to the bank balance for $18.
B)deduction from the bank balance for $18.
C)addition to the book balance for $18.
D)deduction from the book balance for $18.

Question

Quizplus · Accepted Answer

The Answer of A cheque written for $86.30 in payment of an account was recorded on the books as $68.30. On a bank reconciliation, this will appear as a(n):
A)addition to the bank balance for $18.
B)deduction from the bank balance for $18.
C)addition to the book balance for $18.
D)deduction from the book balance for $18.

A Cheque Written for $86