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Areturned $100 check recorded by the bank as $10. Deposit of $500 recorded by the bank as $50. O Check written for $58, but recorded by the company as $85. O Check written for $93, but recorded by the company as $39.

Areturned $100 check recorded by the bank as $10. Deposit of $500 recorded by the bank as $50. O Check written for $58, but recorded by the company as $85. O Check written for $93, but recorded by the company as $39.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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For which of the following errors would the appropriate amount be subtracted from the balance per books on a bank reconciliation? A returned $100 check recorded by the bank as $10. Deposit of $500 recorded by the bank as $50. O Check written for $58, but recorded by the company as $85. Check written for $93, but recorded by the company as $39.
Transcribed Image Text:For which of the following errors would the appropriate amount be subtracted from the balance per books on a bank reconciliation? A returned $100 check recorded by the bank as $10. Deposit of $500 recorded by the bank as $50. O Check written for $58, but recorded by the company as $85. Check written for $93, but recorded by the company as $39.
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