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Briefly explain the statement ‘Wrongly debited by the bank’ with example. |
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Answer» Amount wrongly debited by the bank implies a situation when the bank wrongly debits a Pass Book. The following are the common mistakes that occur in the Pass Book when bank wrongly debits in the Pass Book. Mistakes occurs in case a person has more than one account in a bank. For example, a cheque of Rs. 2,000 issued from his Current Account was wrongly paid through his Savings Account. |
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