Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 23 - No. 25)
How are errors made by the company treated in a bank reconciliation?
Added to the bank statement balance.
Subtracted from the bank statement balance.
Added or subtracted from the company's book balance.
Ignored, as they will correct themselves.
Explanation
Errors made by the company are corrected on the company's books.
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