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A Cheque of $75 Deposited by a Company Was Returned

Question 120

Multiple Choice

A cheque of $75 deposited by a company was returned to the bank for nonsufficient funds. How would this information be included on the bank reconciliation?


A) An addition on the bank side
B) An addition on the book side
C) A deduction on the bank side
D) A deduction on the book side

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