Multiple Choice
While preparing the bank reconciliation,an accountant discovered that a $426 check returned with the bank statement had been recorded erroneously in the depositor's accounting records as $462.In preparing the bank reconciliation the appropriate action to correct this error would be to:
A) Add $36 to the balance per the depositor's records.
B) Add $36 to the balance per the bank statement.
C) Deduct $36 from the balance per the bank statement.
D) Deduct $36 from the balance per the depositor's records.
Correct Answer:

Verified
Correct Answer:
Verified
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