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Accounts (Principles of Accounts) · Bank reconciliation statements

Accounts (Principles of Accounts)Bank reconciliation statementsWAEC

A dishonoured cheque from a customer is recorded by

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Answer: B. crediting the bank column and debiting the customer

The customer owes the money again.

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

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