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While preparing Bank Reconciliation Statement will you add or deduct the following to or from the Cash Book overdraft balance?

(i) Cheques deposited but dishonoured

(ii) Cheques drawn but not cleared

(iii) Interest on overdraft

(iv) Direct amount deposited by the customer into Bank.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442328

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