Benefits of preparing Bank Reconciliation Statement includes?
A. It bring out any errors committed in preparation of Cash book / Bank Pass Book
B. Highlights under delay in clearance of cheques deposited but not credited
C. Help know actual bank balance
D. All the three
Answer:A
Benefits of preparing Bank Reconciliation Statement includes?
A. It bring out any errors committed in preparation of Cash book / Bank Pass Book B. Highlights under delay in clearance of cheques deposited but not credited C. Help know actual bank balance D. All the three