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What does the beginning balance in a bank state... - SS1 Accounting Interpretation of Bank Statements Question

What does the beginning balance in a bank statement represent?

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The amount of money withdrawn from the account during the statement period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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