Tag: bank reconciliation statement
Questions Related to bank reconciliation statement
The debit balance of the bank account as per the cash book should be equal to the credit balance of the account of the business in the books of the bank.
Following is not the salient features of bank reconciliation statement:
While preparing a Bank Reconciliation Statement taking the balance as per Cash Book as the starting point, dishonour of Discounted B/R are:
Bank statement must tally with the balance of ___________.
Booklet or a Statement which is used to record the banking transaction is known as __________.
Pass book is a/an ____________of account holder's transaction with the bank.
State whether the following statement is True or False.
Bank Reconciliation Statement is prepared by the Bank.
State whether the following statement is True or False.
Bank Reconciliation Statement is prepared at the end of every month.
State whether the following statement is True or False.
Bank reconciliation statement is generally prepared at the end of the year.
State whether the following statement is True or False.
Bank Reconciliation Statement is prepared to detect the errors that take place to accounting.