A payment for $25 is incorrectly recorded on the checkbook stub as $52.The $27 error should be shown on the bank reconciliation as:
A)added to the balance per bank statement.
B)deducted from the balance per bank statement.
C)added to the balance per books.
D)deducted from the balance per books.

Question

Quizplus · Accepted Answer

Since the error was in recording a lower amount in the checkbook than what was actually paid, the correction involves adding the difference to the balance per books to match the actual lower balance that would result from the correct payment amount.

A Payment for $25 Is Incorrectly Recorded on the Checkbook