Question: William's bank account is not in overdraft. When preparing the bank reconciliation he found that the bank had incorrectly credited his account with $50. The

William's bank account is not in overdraft. When preparing the bank reconciliation he found that the bank had incorrectly credited his account with $50. The proper procedure is to:

add $50 to the bank balance in the general ledger and notify the bank.

O add $50 to the bank balance in the general ledger.

do nothing as the bank will adjust the error when it balances.

O deduct $50 from the bank statement balance in the bank reconciliation and notify the bank.

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