Bank Reconciliation Statement is prepared to :?

Question

(a) rectify the mistakes in pass book.

(b) to rectify the mistakes in cash book.

(c) to arrive at balance as per bank statement.

(d) to find the reasons of differences in balance as per Cash Book and Bank Statement.

Mohammed Asim Nehal · Answer

Answer is d) .........to find the reasons of differences in balance as per Cash Book and Bank Statement.

Khurshid Alam · Answer

The Statement to find out the difference between the Bank Book and the Cash Book. it should be tally. if no Tally that mean any transaction is missing or wrongly reported any one book.

Ahmer Zamir · Answer

The purpose of of preparation of bank reconciliation is to find the reasons of differences in balance as per Cash Book and Bank Statement.

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Bank Reconciliation Statement is prepared to :?

(a) rectify the mistakes in pass book.

(b) to rectify the mistakes in cash book.

(c) to arrive at balance as per bank statement.

(d) to find the reasons of differences in balance as per Cash Book and Bank Statement.

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