If a check correctly written and paid by the bank for $648 is incorrectly recorded on the company's books for $684, the appropriate treatment on the bank reconciliation would be to subtract $36 from the book's balance. deduct $36 from the bank's balance. deduct $648 from the book's balance. add $36 to the book's balance.

Question

Business

Larissa Irwin

30 May, 01:07

If a check correctly written and paid by the bank for $648 is incorrectly recorded on the company's books for $684, the appropriate treatment on the bank reconciliation would be to subtract $36 from the book's balance. deduct $36 from the bank's balance. deduct $648 from the book's balance. add $36 to the book's balance.

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Answers (1)

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King Wade · Answer 1

add $36 to the book's balance.

Explanation:

Since in the question it is given that the check amount is $648 which is to be paid by the bank is recorded incorrectly in the company books for $684

So the difference of $36 would be added to the company book balance and no adjustment would be made in the bank balance

This addition would balance the both book balance and the bank balance.