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Bumbly Co extracted the trial balance for the year ended 31 December 20X7. The total of the debits exceeded the credits by $300. Which of the following could explain the imbalance? A. Sales of $300 were omitted from the sales day book B. Returns inward of $150 were extracted to the debit column of the trial balance C. Discounts received of $150 were extracted to the debit column of the trial balance D. The bank ledger account did not agree with the bank statement by a debit of $300 |
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