While preparing bank reconciliation statement, balance of bank account shall be taken from for matching the same with cash book.

cash account

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simple cash book

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two column cash book

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bank statement

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Solution

The correct option is D bank statement
A bank statement is a record maintained by the bank which is issued to the account holder periodically that contains details of all the amounts that have been deposited into the bank and withdrawn from the bank.

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Similar questions

Balance of bank account for preparation of bank reconciliation statement shall be taken from ___ for matching the same with cash book.

Q. Explain the process of preparing bank reconciliation statement with amended cash balance.

Explain the process of preparing a bank reconciliation statement with amended cash balance.

The accountant of a firm is required to prepare a bank reconciliation statement for the month of March. The opening balance of cash on 1st March was Rs 1,20,000 while the opening balance as per bank column of cash book was Rs 9,50,000. The closing balance of cash as on 31st March was Rs 90,000 while the closing balance as per bank column of cash book was Rs 15,40,000. Which of the following shall be taken by him for starting the preparation of BRS?

Balance in books of accounts for preparation of bank reconciliation statement shall be taken from?

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While preparing bank reconciliation statement, balance of bank account shall be taken from for matching the same with cash book.

The correct option is D bank statementA bank statement is a record maintained by the bank which is issued to the account holder periodically that contains details of all the amounts that have been deposited into the bank and withdrawn from the bank.

The correct option is D bank statement
A bank statement is a record maintained by the bank which is issued to the account holder periodically that contains details of all the amounts that have been deposited into the bank and withdrawn from the bank.