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Interest earned on the cash balance in the bank is recorded by the bank as: a. An increase in the banks asset account. b. A
Interest earned on the cash balance in the bank is recorded by the bank as:
a. An increase in the banks asset account.
b. A decrease in the banks asset account
c. A decrease in the depositors bank account
d. An increase in the depositors bank account
e. An increase in the banks expense account
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