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    Principles of Financial Accounting Study Set 1
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    Exam 7: Internal Control and Cash
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    Bank Errors
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Bank Errors

Question 81

Question 81

Multiple Choice

Bank errors


A) occur because of time lags.
B) must be corrected by debits.
C) must be corrected by the bank.
D) are corrected by making an adjusting entry on the depositor's books.

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