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For each of the statements below indicate whether it is true or false. For those statements indicated as False give a brief reason why it
For each of the statements below indicate whether it is true or false. For those statements indicated as False give a brief reason why it is False The bank account in the businesss general ledger has a debit balance of R at May while the May bank statement shows a closing credit balance of R The bookkeeper identified two differences between the balances. These are an outstanding deposit made on May for R not yet recorded by the bank and stop orders totalling R not yet recorded by the business. The bank balance in the final trial balance will be shown as Rdebit
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