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Bank Reconciliation Statement — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountBank Reconciliation Statement1 Mark
MCQ
From following which is the way to prepare Bank Reconciliation Statement.
  • ✓
    Without adjusting cash book balance.
  • B
    Before adjusting cash book balance.
  • C
    Both of the above
  • D
    None of the above
✓

Answer

Correct option: A.
Without adjusting cash book balance.
A bank reconciliation statement is prepared to reconcile the differences between the balances as per cash book (bank column) and pass book (bank statement).

It is prepared by taking the balance of the cash book without adjusting it as adjusting it will make both the balances match.

In such a case bank reconciliation statement will not be required.

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