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Q5: A company deposited a check from a customer into its checking account. A few days later, the check was returned with the notation account

Q5:

A company deposited a check from a customer into its checking account. A few days later, the check was returned with the notation account closed and the bank deducted the amount on the bank statement.

a.

Add to bank balance

b.

Deduct from book balance

c.

Add to book balance

d.

Deduct from bank balance

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