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    5. Which of the following factors does NOT result in the need for bank reconciliation statement?

    Question

    Which of the following factors does NOT result in the

    need for bank reconciliation statement?
    A Direct debits made by the bank on behalf of the customer Correct Answer Incorrect Answer
    B Honouring of bills discounted Correct Answer Incorrect Answer
    C Interest and dividends collected by the bank Correct Answer Incorrect Answer
    D Cheques paid into the bank but not yet collected Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
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