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Question

A detailed document containing all the ledger entries appearing in the books of bank is known as _______________.

A
Bank statement
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B
Bank passbook
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C
Bank advice
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D
None of these
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Solution

The correct option is A Bank passbook
A bank passbook is a printed record of all the transactions or ledger entries that take place in a customer's account. The bank maintains customers account in its books of account and the same is presented to the customer in the form of a statement to the customer to check balances, additions and subtractions in the bank account.

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