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If the Bank Records a Deposit of $800 as $80

Question 86

Multiple Choice

If the bank records a deposit of $800 as $80, the error should be shown on a bank reconciliation as a(n) :


A) deduction from the book balance of $880.
B) deduction from the bank balance of $880.
C) addition to the bank balance of $720.
D) addition to the book balance of $720.

Correct Answer:

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