If a bookkeeper mistakenly records a payment as RO 950 instead of the correct amount of RO 180, the error should be shown on the bank reconciliation as a .RO 630 deduction from the books B.RO 770 addition to the books c.180 deduction from the books D. RO 180 addition to the books E. None of the options are correct

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A:

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A: False

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.