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    Business
  3. Study Set
    Introductory Financial Accounting for Business Study Set 1
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    Exam 6: Internal Control and Accounting for Cash
  5. Question
    Which of the Following Describes an Activity That Reduces a Company's
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Which of the Following Describes an Activity That Reduces a Company's

Question 94

Question 94

Multiple Choice

Which of the following describes an activity that reduces a company's bank account balance?


A) A deposit in transit
B) A debit memo
C) A credit memo
D) A reconciling entry

Correct Answer:

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