It is good business policy that all cash and cash items received be deposited daily in a bank.
Correct Answer:
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Q15: A check is a document ordering the
Q16: A special ledger account entitled "Change Fund"
Q17: Businesses commonly use cash registers with tapes
Q18: The bank in which the depositor has
Q19: A depositor is not responsible or liable
Q21: In reconciling the bank statement,the outstanding checks
Q22: A debit journal entry to the cash
Q23: When it is necessary to replenish the
Q24: A special form of receipt showing the
Q25: Outstanding checks are checks issued that have
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