Which of the Following Statements Relating to a Bank Statement

question 24

Multiple Choice

Which of the following statements relating to a bank statement is true?

• A) The customer is viewed as a debtor.
• B) It constitutes a source document for the firm for direct debits and credits such as bank charges.
• C) A deposit is listed in the debit column.
• D) A positive amount in the bank account will be shown as a debit balance.

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