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Accounts (Principles of Accounts) · Bank reconciliation statements

Accounts (Principles of Accounts)Bank reconciliation statementsWAEC

Bank charges shown only on the bank statement are corrected by

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Answer: B. crediting the cash book

Charges reduce the bank balance, so they are credited in the cash book.

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

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