Bank Reconciliation Statement
Bank statements are kept by:
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Bank Reconciliation Statement
A credit balance in the cash book is a favorable balance.
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Bank Reconciliation Statement
Any decrease in the bank balance is recorded on the ______ side of the cash book and in the _______ column of the pass book.
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Bank Reconciliation Statement
Withdrawals are recorded in the ______ column of the pass book.
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Bank Reconciliation Statement
The statement used to reconcile the bank balance as per the cash book and bank statement is called:
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Bank Reconciliation Statement
A bank reconciliation statement provides a mechanism of _________ over cash.
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Bank Reconciliation Statement
The bank reconciliation statement is prepared by the banker.
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Bank Reconciliation Statement
A bank conciliation statement can be started with a cash book balance only.
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Bank Reconciliation Statement
Two search causes of difference, debit side of cash book (bank column) is compared with the credit column of bank statement (and vice versa).
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Bank Reconciliation Statement
A copy of the customer’s account in the bank’s ledger is called:
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