Due to an addition error, Jeremy overstated the total of cash banked by $900.
what is the correct entry to correct this error?
Ask the Tutor ACCA FA
Bank Reconciliation
It depends where the addition error occurred, but if no other information then:
Dr Petty cash (or cash in hand)
Cr Cash at bank
However I think maybe there was more information in the question because you have headed up your post 'bank reconciliation' and what you have typed is not a bank reconciliation question.
Sign into reply to this topic.
