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Money deposited into the bank account will be: Debited in the Cash Receipts Journal of the business; Credited in the Cash Payments Journal of the
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Money deposited into the bank account will be:
- Debited in the Cash Receipts Journal of the business;
- Credited in the Cash Payments Journal of the business;
- Debited on the Bank Statement;
- Credited on the bank Statement;
a. 1 and 3
b. 1 and 4
c. 2 and 3
d. 2 and 4
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