Question: I dont understand this concept, if we received 521 from the bankbut we recorded it as 251, whhy we would deduct 270 from our booksinstead

I dont understand this concept, if we received 521 from the bankbut we recorded it as 251, whhy we would deduct 270 from our booksinstead of adding 270? dont get it 16. If a cheque correctly written and paid by the bank for $ \$ 521 $ is incorrectly recorded on the company's books for $ \$ 251 $, the appropriate treatment on the bank reconciliation would be t 0 answers

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