smileyjesse9950 smileyjesse9950
  • 14-01-2018
  • Business
contestada

The bank recorded a​ $3,000 deposit as​ $300. how would this information be included on the bank​ reconciliation

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Kalahira
Kalahira Kalahira
  • 26-01-2018
An addition on the bank side would be used to reconcile this mistake. This would allow the bank to make sure that the deposit was recorded correctly and that the bank had deposited the correct amount of money at the end of the business day.
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drmallery drmallery
  • 01-05-2021

Answer:

Explanation:

Depending on how you prepare your bank reconciliation, you would either deduct 2700 from book balance or add 2700 to bank balance.

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