Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a check payment for $856 was incorrectly entered i

A check payment for $856 was incorrectly entered in the Cash account as $658 ....

80.2K

Verified Solution

Question

Accounting

A check payment for $856 was incorrectly entered in the Cash account as $658 . Which of the following adjustments needs to be made?

decrease the bank statement balance

decrease the book balance

increase the bank statement balance

increase the book balance

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Please describe the effective rate of return? What are the effective rates of return on a...

Finance
Q

This is in MySQL Part one: Using the MySQL Workbench Data Modeler, construct a diagram that shows...

Programming
Q

Hi there, Thanks for your quick response in Advance . Best, - Operating systems typically split functionality into layers. -...

Programming
Q

An industrial coal-fired boiler for process steam is equipped with a 10-year-old electrostatic precipitator (ESP). Changes...

Mechanical Engineering
Q

TARGET PRE MEDICAL 20 A 10 kg mass is resting on a horizontal surface and...

Physics
Q

9 Find the indicated information for the given Isosceles Trapezoid A B D C AC...

Geometry
Q

Find the possible numbers of positive and negative real zeros for the function f x...

Calculus
Q

Consider the following polynomial Step 2 of 2 Describe the behavior of the graph of...

Algebra
Q

D-Solar, a German manufacturer of solar panels, sells its products primarily in Europe....

Accounting
Q

O 0 Brun Products, located in Ann Arbor, Michigan, produces two Enes of electric toothbrushes...

Accounting
Q

6. Trend analysis is analysis in which all items are presented as a percentage of...

Accounting
Q

What economic principles and associated analytical perspectives/tools are most helpful in deeply understanding the changes...

Accounting