In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment
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Question:
In preparing a bank reconciliation statement for a business with a substantial bank balance, the appropriate treatment for a $450 unpresented cheque at end of month is to:
Select one:
a.add $450 to the balance as per bank statement.
b.add $450 to the balance per company records.
c.deduct $450 from the balance as per bank statement.
d.deduct $450 from the balance per company records.
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