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The Maha Trading Company receives a check amounting to RM25,000 from Mr. John on March 20 and deposits the same into bank on March 22.
The Maha Trading Company receives a check amounting to RM25,000 from Mr. John on March 20 and deposits the same into bank on March 22. How would these transactions affect the company's cash book? A On march 20, RM25.000 would be recorded only in the bank column on the debit side of the cash book. No entry would be made on March 22. B. On March 20, RM25,000 would be recorded only in the cash column on the debit side of the cash book. No entry would be made on March 22. C. No entry would be made on March 20. On march 22, RM25,000 would be recorded only in the bank column on the debit side of the cash book. D. On March 20, RM25,000 would be recorded only in the cash column on the debit side of the cash book. On march 22, a contra entry of RM25,000 would be made
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