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A bank reconciliation statement is mainly prepared to : (a) Reconcile the cash balance of the cash-book and bank statement. (b) Reconcile the difference between the bank balance shown by the cash-book and pass book. (c) Both (a) and (b) (d) Reconcile the cash balance and bank balance of the cash-book. |
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Answer» Correct option is (b) Reconcile the difference between the bank balance shown by the cash-book and pass book. |
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