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Internal Control and Cash
?
The proper treatment on the bank reconciliation of a note collected by the bank for the depositor is to show it as a(an)
addition per book balance of cash
deduction per book balance of cash
addition per bank statement balance
deduction per bank statement balance
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
addition per book balance of cash
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