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A Check of $300,000,deposited by a Company,was Returned to the Bank

Question 70

Multiple Choice

A check of $300,000,deposited by a company,was returned to the bank for nonsufficient funds.How would this information be included on the bank reconciliation?


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

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