A firm wrote a check for $282 but the bank added $282 to the firm's account for the check. On a bank reconciliation statement this error would be shown as: a deduction of $282 from the bank statement balance. an addition of $282 to the bank statement balance a deduction of $564 from the bank statement balance. an addition of $564 to the bank statement balance.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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am. 17.

A firm wrote a check for $282 but the bank added $282 to the firm's account for the
check. On a bank reconciliation statement this error would be shown as:
a deduction of $282 from the bank statement balance.
an addition of $282 to the bank statement balance
a deduction of $564 from the bank statement balance.
an addition of $564 to the bank statement balance.
Transcribed Image Text:A firm wrote a check for $282 but the bank added $282 to the firm's account for the check. On a bank reconciliation statement this error would be shown as: a deduction of $282 from the bank statement balance. an addition of $282 to the bank statement balance a deduction of $564 from the bank statement balance. an addition of $564 to the bank statement balance.
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