Question

A Bank Reconciliation Statement is prepared to know the causes for the difference between:

• A. The balance as per the Trial Balance and the audited Profit and Loss Account
• B. The balance as per the Debtors' Ledger and the Creditors' Ledger
• C. The balance as per cash column of Cash Book and the Pass Book
• D. The balance as per the Fixed Asset Register and the company's Balance Sheet

Answer 1

Answer:

C. The balance as per cash column of Cash Book and the Pass Book

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