Upon review of your company’s bank statement, you discover that you recently deposited a check from a customerthat was rejected by your bank as NSF. Which of the following describes the actions to be taken when preparingyour company’s bank reconciliation?Balance per Bank Balance per Booka. Decrease No changeb. Increase Decreasec. No change Decreased. Decrease Increase

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.