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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Rex's Auto has a checking account that earns interest. The current bank statement shows interest earned of $11.27. This amount should be:
A) added to Rex's book balance.
B) subtracted from Rex's book balance.
C) ignored, as the bank has added it to Rex's book balance.
D) subtracted from the bank balance.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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bravata Author
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Brilliant ツ
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