Which of the following are not true? A Bank Reconciliation Statement is (i) Part of the double
Question:
Which of the following are not true? A Bank Reconciliation Statement is
(i) Part of the double entry system
(ii) Not part of the double entry system
(iii) Sent by the firm to the bank
(iv) Posted to the ledger accounts.
(A) (i), (iii) and (iv)
(B) (i) and (ii)
(C) (i), (ii) and (iv)
(D) (ii), (iii) and (iv).
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The correct answer is A i iii and iv Explanation i Part of the doubleentry system This statement is ...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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