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Internal Control and Cash
?
The proper treatment on the bank reconciliation of a debit memorandum issued by the bank 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: (B)
deduction per book balance of cash
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