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651.

Which of the following statements is TRUE?1). Cheque s deposited but not collected will result in decreasing the balance of the cash book, when compared to passbook2). Favorable bank balance as per the cash book will be less than the bank passbook balance when there are un prese nted cheque for payment3). The credit balance of the account of the business in the books of the bank should be unequal to the debit balance of the bank account as per the cash book4). Cheques issued but not presented for payment will reduce the balance as per the passbook

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