If a bank reconciliation statement starts with the balance per the bank statement, and that balance is

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If a bank reconciliation statement starts with the balance per the bank statement, and that balance is in overdraft, then, in the reconciliation state¬

ment, any unpresented cheques should be:

(a) Added to the balance per the bank statement.

(b) Subtracted from the balance per the bank statement.

(c) Omitted from the statement.

(d) Added back and then subtracted once the bank balance is positive.

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Financial Accounting Longman Modular Texts In Business And Economics

ISBN: 9780582381698

2nd Edition

Authors: Christopher Waterston, Anne Britton

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Question Posted: Jun 06, 2024 01:21 AM

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If a bank reconciliation statement starts with the balance per the bank statement, and that balance is

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Financial Accounting Longman Modular Texts In Business And Economics

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