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Roscoe's Rock Shop deposited a check for $675, but it was recorded on their books as a check for $576. This error of $99 would be: O A. subtracted from Roscoe's book balance. O B. added to Roscoe's book balance. O C. added to the bank balance. O D. subtracted from the bank balance.

Roscoe's Rock Shop deposited a check for $675, but it was recorded on their books as a check for $576. This error of $99 would be: O A. subtracted from Roscoe's book balance. O B. added to Roscoe's book balance. O C. added to the bank balance. O D. subtracted from the bank balance.

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter7: Accounting For Cash
Section: Chapter Questions
Problem 2CE
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Roscoe's Rock Shop deposited a check for $675, but it was recorded on their books as a check for $576. This error of $99 would be: A. subtracted from Roscoe's book balance. B. added to Roscoe's book balance. C. added to the bank balance. O D. subtracted from the bank balance.
Transcribed Image Text:Roscoe's Rock Shop deposited a check for $675, but it was recorded on their books as a check for $576. This error of $99 would be: A. subtracted from Roscoe's book balance. B. added to Roscoe's book balance. C. added to the bank balance. O D. subtracted from the bank balance.
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