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  3. outline five (5) reasons for the discrepancy betwe

Outline five (5) reasons for the discrepancy between the cash book and the bank statement.

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Accounting

Outline five (5) reasons for the discrepancy betweenthe cash book and the bank statement.

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Cash book is maintained by the bank account holder or cashier and bank statement is maintained by the bank authority Since two separate persons are involved in this act there may be discrepancy in records Reasons    See Answer
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