1.

Do you agree or disagree with the following statements:(i) Bank Reconciliation Statement is prepared by Bank.(ii) Overdraft Facility is available to savings Bank Account.(iii) The bank account holder can make payments to a third party by use of a pay-in slip.(iv) Bank does not charge any interest on an overdraft balance.(v) Credit balance in Pass Book represents overdraft balance.

Answer»

(i) Disagree

(ii) Disagree

(iii) Disagree

(iv) Disagree

(v) Disagree



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