Multiple choice

Bank reconciliation is a statement prepared to reconcile

  1. trial balance

  2. cash book

  3. bank account

  4. bank balance as per cash book with bank balance as per bank pass book
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bank reconciliation book is to find if there is any mismatch in the cash book and bank pass book. If there is so, then it is useful in finding the reason of mismatch and correcting it. 

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