A company recorded a check in its accounting records as $87. However, the check was actually written for $78 and it cleared the bank as $78. What adjustment is needed to the personal statement? A. Decrease

A company recorded a check in its accounting records as $87. However, the check was actually written for $78 and it cleared the bank as $78. What adjustment is needed to the personal statement?

A. Decrease by $9

B. Increase by $9

C. Decrease by $18

D. Increase by $9

2 Answers

A company recorded a check in its accounting records as $87. However, the check was actually written for $78 and it cleared the bank as $78. What adjustment is needed to the per…

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions