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WAEC Accounting 2024 Paper

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Question : 27

Total: 50

A debit balance of D 61,000 on a customer's bank statement means that

the customer's bank balance is D 61,000.
the customer owes the bank D 61,000.
a customer's cheque of D 61,000 is yet to be cleared by the bank.
a direct deposit of D 61,000 was made by a customer.

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