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21 October, 20:03

A check was written by a business for $549 but was recorded erroneously in the cash account as $459. How would this error be included on the bank reconciliation?

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  1. 21 October, 23:14
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    A deduction on the book side.

    Explanation:

    An accounting error is a non-false inconsistency in financial documentation. The term is utilized in financial reporting.
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