ram the book balance O D. subtracted from the bank balance as $47 OA. $121 deduc
ID: 2565759 • Letter: R
Question
ram the book balance O D. subtracted from the bank balance as $47 OA. $121 deduction from the balance per books. O B. $27 deduction from the balance per books. ° C. $121 addition to the balance per books. O D. $27 addition to the balance per books. 4. If the bank records a deposit of $140 as $1400, the error should be shown on a bank reconcillation as a A. subtraction from the bank balance of $1260. O B. subtraction from' the bank balance of $1540. C. subtraction from the book balance of $1260. O D. subtraction from the book balance of $1540.Explanation / Answer
3. Option b is correct
Explanation:
Due to this , balance per book is increased from bank balance by $27(74-47). So it should be corrected by decreasing the balance in books by $27.
4. Option a is correct
Explanation:
Due to this error , bank balance is increased from book balance by $1260(1400-140). So it should be corrected by deducting $1260 from bank balance.
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