Q
The Bank Reconciliation Statement is prepared?
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A
A. To rectify the mistakes in the cash book
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B
B. To arrive at the bank balance
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C
C. To arrive at the cash balance
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D
D. To bring out the reasons for the difference between the balance as per cash book and the balance as per bank statement
Correct Answer:
D. D. To bring out the reasons for the difference between the balance as per cash book and the balance as per bank statement
