Multiple Choice
Benefits of preparing Bank Reconciliation Statement includes -
A) It bring out any errors committed in preparation of Cash book / Bank Pass Book
B) Highlights under delay in clearance of cheques deposited but not credited
C) Help know actual bank balance .
D) All the three
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Purchase day book records<br>A)All cash purchases .<br>B)All
Q8: Which of the following is not a
Q9: Cash received from debtors would be deemed
Q10: Difference in Bank Balance as per Pass
Q11: Credit balance as per Cash Book mean-<br>A)Surplus
Q13: Which of these documents is not required
Q14: Which of the following is a capital
Q15: Which of these items are taken into
Q16: Bank reconciliation statement is a part of
Q17: Which of the following statements is/are true?<br>A)When