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Q 7.28: Which of the following statements is true? A Bank errors occur because of time lags. B Bank errors are infrequent in occurrence. C

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Q 7.28: Which of the following statements is true? A Bank errors occur because of time lags. B Bank errors are infrequent in occurrence. C Bank errors must be corrected by debits. D Bank errors are corrected by making an adjusting entry on the depositor's books

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