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When Reconciling the Ledger with the Bank Statement (Assuming a Positive

Question 44

Multiple Choice

When reconciling the ledger with the bank statement (assuming a positive bank balance) a returned (dishonoured) cheque should be:


A) added to the general ledger bank balance.
B) subtracted from the general ledger bank balance.
C) subtracted from the bank statement balance.
D) added to the bank statement balance in the reconciliation.

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