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A Bank Reconciliation Statement is prepared to know the causes for the difference between:
  • a)
    The balances as per cash column of Cash Book and the Pass Book
  • b)
    The balance as per bank column of Cash Book and the Pass Book
  • c)
    The balance as per bank column of Cash Book and balances as per cash column of Cash Book
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
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A Bank Reconciliation Statement is prepared to know the causes for the...
A bank reconciliation is used to compare your records to those of your bank, to see if there are any differences between these two sets of records for your cash transactions. The ending balance of your version of the cash records is known as the book balance, while the bank's version is called the bank balance.
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A Bank Reconciliation Statement is prepared to know the causes for the...
Only two elements of BRS ie cleartifying the mistake between cashbook and passbook
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A Bank Reconciliation Statement is prepared to know the causes for the difference between:a)The balances as per cash column of Cash Book and the Pass Bookb)The balance as per bank column of Cash Book and the Pass Bookc)The balance as per bank column of Cash Book and balances as per cash column of Cash Bookd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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A Bank Reconciliation Statement is prepared to know the causes for the difference between:a)The balances as per cash column of Cash Book and the Pass Bookb)The balance as per bank column of Cash Book and the Pass Bookc)The balance as per bank column of Cash Book and balances as per cash column of Cash Bookd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A Bank Reconciliation Statement is prepared to know the causes for the difference between:a)The balances as per cash column of Cash Book and the Pass Bookb)The balance as per bank column of Cash Book and the Pass Bookc)The balance as per bank column of Cash Book and balances as per cash column of Cash Bookd)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A Bank Reconciliation Statement is prepared to know the causes for the difference between:a)The balances as per cash column of Cash Book and the Pass Bookb)The balance as per bank column of Cash Book and the Pass Bookc)The balance as per bank column of Cash Book and balances as per cash column of Cash Bookd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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