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A addition per book balance of cash B deduction per book balance of cash C deduction per bank statement balance D addition per bank statement balance
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Solution
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A debit memorandum or a debit memo is given by the bank to the customer to imply that the passbook balance has been reduced for reasons other than withdrawals. So, the proper treatment on the bank reconciliation of a debit memorandum is to show it as a deduction for book balance of cash.
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