Trusts were originally business arrangements in which owners of stocks in several companies placed their securities in the hands of ________, who controlled and managed the companies

The customer is often blamed for an unsuccessful implementation

Indicate whether the statement is true or false

While preparing the bank reconciliation, an accountant discovered that a $426 check returned with the bank statement had been recorded erroneously in the depositor's accounting records as $462

In preparing the bank reconciliation the appropriate action to correct this error would be to: A. Add $36 to the balance per the depositor's records. B. Add $36 to the balance per the bank statement. C. Deduct $36 from the balance per the bank statement. D. Deduct $36 from the balance per the depositor's records.