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In which Column (Plus of Minus) you will write the following while preparingBank Reconciliation Statement from the Cash Book overdraft balance ? (i) Cheques drawn but not cleared. (ii) Interest on bank overdraft. (iii) Cheques paid into the bank but not collected. (iv) Interset on investments collected by the bank. |
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Answer» (II) MINUS (III) Minus (iv) Plus. |
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