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Question

Bank reconciliation statement is prepared to reconcile ___________.


A
Difference in trial balance
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B
The balance of personal A/c
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C
Cash at bank as per cash book with balance as per bank statement
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D
Balance in suspense A/c
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Solution

The correct option is C Cash at bank as per cash book with balance as per bank statement
Bank reconciliation statement is a statement which to prepared to reconcile the cash and bank balance.

Accountancy

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