Treatment on the bank reconciliation problem

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Reference no: EM13152977

If a check correctly written and paid by the bank for $626 is incorrectly recorded on the company's books for $662, the appropriate treatment on the bank reconciliation would be to do which of the following?

a) add $36 to the book's balance

b) subtract $36 from the book's balance

c) deduct $36 from the bank's balance

d) deduct $626 from the book's balance

Reference no: EM13152977

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