When preparing a bank reconciliation statement, which of the following is deducted from the balance…

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Accounts - Principles of Accounts JAMB 1994

When preparing a bank reconciliation statement, which of the following is deducted from the balance per bank statement?

  • Bank charges
  • Uncleared cheques
  • Returned cheques
  • unpresented cheques checkmark

The correct answer is: D

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