When bank charges are deducted from a customer’s account, the balance on the bank statement…

Accounts - Principles of Accounts WAEC 2019

When bank charges are deducted from a customer’s account, the balance on the bank statement would be

  • more than the cash book balance
  • less than the cash book balance checkmark
  • equal to the cash book balance
  • added to the cash book balance

The correct answer is: B

Explanation

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