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  • Bank Reconciliation Statement
  • Interest on overdraft is _________ by the bank in the pas...
Multiple choice

Interest on overdraft is _________ by the bank in the pass book.

  1. credited

  2. debited

  3. not adjusted

  4. none of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Interest is to be charged from the customer is debited in the pass book.

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