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Business, 23.06.2021 17:30 dannaasc3282
A standing Order of $25 for insurance appears in the debit column of the Bank Statement. This amount does not appear in the Cash Book. How is this item treated in order to update the Cash Book.
a. Substract the $25 from the Bank Statement balance
b. Add $25 to the Bank Statement balance
c. Credit the Bank Account with $25
d. Debit the Bank Account with $25
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Answers: 1
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A standing Order of $25 for insurance appears in the debit column of the Bank Statement. This amount...
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