A bank reconciliation statement is prepared with the help of :
(a) Pass book and Cash Column of cash book
(b) Pass book and bank column of cash book
(c) Cash and bank column of cash book
(d) None of the above
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Answer:
YOUR ANSWER MATE- (D)
Explanation:
For reconciling the balances as shown in the Cash Book and passbook a reconciliation statement is prepared known as Bank Reconciliation Statement or BRS. In other words, BRS is a statement which is prepared for reconciling the difference between balances as per cash book's bank column and passbook on a given date.
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