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Ask Meaning And Purpose Of Bank Reconciliation question free ×

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Meaning And Purpose Of Bank Reconciliation Free Doubts and Solutions

CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

Explain briefly 4 reasons for disagreement between the cash book balance and the passbook balance caused because of time gap.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

What is debit balance and credit balance as per cash book and bank pass book?

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

List 4 items having an effect of higher balance in the cash book.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

List 4 items having an effect of higher balance in the passbook.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

Give two examples of errors committed by the bank in recording transactions in the passbook.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

Give two examples of errors committed by the firm in recording transactions in the cash book.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

Explain the causes/reasons for the disagreement between the cash book balance and the passbook balance.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

What is bank reconciliation statement and why is it prepared?

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

Explain in brief the reason for the difference caused by “cheques paid into the bank but not yet collected” with an example.

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CBSE - XI Commerce - Accountancy Part I - Bank Reconciliation Statement

What is the need and purpose of preparing a bank reconciliation statement?

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