State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura’s…

State Bank collected a note for A-Makura Company. This collection, not yet recorded in AL-Makura’s books, appears on the bank reconciliation as?
  • A.
    an addition to balance per book
  • B.
    a deduction from balance per bank statement
  • C.
    an addition to balance per bank statement
  • D.
    a deduction from balance per books
Correct Answer: Option A
Explanation
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