New Flash Sale Alert ⚡⚡!! Flat 50% off, Code: FLASH50
Register

Question

The main purpose of preparing a Bank Reconciliation Statement is:

A to know the Cash Book Balance Correct Answer Incorrect Answer
B to know the Pass Book Balance Correct Answer Incorrect Answer
C to compare the transactions in the Cash Book and Pass Book Correct Answer Incorrect Answer
D to correct the Cash Book Correct Answer Incorrect Answer
E to reconcile Balance as per Cash Book with the Pass Book Balance Correct Answer Incorrect Answer

Solution

The correct answer is D

Download PDF Practice Next
×
×