smileyjesse9950 smileyjesse9950

14-01-2018
Business

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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

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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