If the bank make a mistake of recording a deposit of 87 dollars as 78 dollars, this error will be shown in the bank reconciliation as : Ans: deduction of 9 dollars to the bank balance I think this should be the correct ans, isn't it? Cos the ans in my book was addition of 9 dollars to the bank...

If the bank mistakenly deducts a check from an account would I be adding or subtraction the amount in the bank reconciliation under the balance per books section?

Journal entries based on the bank reconciliation are required in the depositor's accounts for a. book errors b. outstanding checks c. bank errors d. deposits in transit Am I wrong or right?

For each of the following items, indicate whether its amount (I) affects the bank or book side of a bank reconciiliation and (ii) represents an addition or a subtraction in a bank reconciliation: a. outstanding checks b. debit memos c. NSF checks d. Unrecorded deposits e. Interest on cash...

Wanting help because my reconcilitaion isn't matching: Kortwright indiacates a balance of 9000.2 on October 30 and after the journals had been posted the cash had a balance of 4677.1, please reconcile by the following: 1. cash sale of 342 had been wrong ly recorded as 324 2 depoits in transits...