Question on: SS1 Accounting - Interpretation of Bank Statements
What does the beginning balance in a bank statement represent?
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A
The amount of money in the account at the end of the statement period
B
The amount of money in the account at the start of the statement period
C
The amount of money deposited in the account during the statement period
D
The amount of money withdrawn from the account during the statement period
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Correct Option: B
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