A bank reconciliation statement is prepared to know the causes for the difference between:
A. The balance as per the cash column of the cash book and bank column of the cash book
B. The balance as per the cash column of the cash book and bank statement
C. The balance as per the bank column of the cash book and the bank statement
D. The balance as per petty cash book and the cash book
Answer:C
A bank reconciliation statement is prepared to know the causes for the difference between:
A. The balance as per the cash column of the cash book and bank column of the cash book B. The balance as per the cash column of the cash book and bank statement C. The balance as per the bank column of the cash book and the bank statement D. The balance as per petty cash book and the cash book