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Question
Briefly explain the statement ‘wrongly debited by the bank’ with the help of an example
Answer in Brief
Solution
The statement 'wrong debited by the bank' refers to the activity of bank debiting the amount of the transaction in the wrong manner.
The example of such a case is: A cheque of Rs. 10,000 deposited by the user to the bank is wrongly recorded as Rs. 1000 by the bank.
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