Question

Bank Statement is a copy of ……

a)Cash book with bank column b) Cash book with cash column

c)A Customer’s account in the Bank’s books d) None of these​

Answer 1

Answer:

Bank statement is a copy of A customer's account in the bank's book.

Answer 2

Answer:

Explanation:

Bank Book:

Similar to Cash Book, Bank Book is a subsidiary book that keeps track of all payments and receipts made through the bank. It also goes by the name Bank Journal.

• Where there are a lot of bank transactions, big businesses typically keep this book.
• The cash book and the small business's records are both kept together.
• The two sides of a bank book are the receipts side and the payment side.
• In the bank book, receipts are debited and payments are credited.
• Reconciling bank accounts is made simpler by keeping a bank journal. Additionally, it helps to lessen the likelihood of any errors or missing entries.

Bank Statement is a copy of A customer's account in the Bank's books.

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