Vidyalelo
Commerce · Q131

Accounting

Graduate and Post Graduate · Commerce · question 131

Q131

Bank Reconciliation statement is the comparision of a bank statement (sent by bank) with the

A.
Cash receipt journal
B.
Cash payment journal
C.
Cash book
Answer
D.
Financial statements

Answer: Option C

Solution

Answer: Option C
Solution:
Bank Reconciliation statement is the comparision of a bank statement (sent by bank) with the Cash book. In other words, the balance shown in the Pass Book given by the bank should tally with the balance of Bank Account Kept in his ledger or Cash Book (Bank Column).