Appropriate adjustment on a bank reconciliation


A check correctly written and paid by the bank for $391 is incorrectly recorded on the company's books for $319. The appropriate adjustment on a bank reconciliation would be to:

a. deduct $391 from the book's balance.

b. deduct $72 from the book's balance.

c. deduct $72 from the bank's balance.

d. add $72 to the bank's balance.

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Accounting Basics: Appropriate adjustment on a bank reconciliation
Reference No:- TGS093998

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