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Accounts (Principles of Accounts) · Bank reconciliation statements

Accounts (Principles of Accounts)Bank reconciliation statementsWAEC

A customer's cheque that is dishonoured is recorded in the cash book by

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Answer: D. crediting the bank column

The money expected is not received, so the bank balance is reduced.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

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