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📖 generic · CBSE Class 11 English medium · ACCOUNTANCY · Page 1poem

if withdrawals exceed deposits it will show a debit

Chapter 5: Bank Reconciliation Statement · ACCOUNTANCY

if withdrawals exceed deposits it will show a debit balance (overdraft). L EARNING O BJECTIVES After studying this chapter, you will be able to : state the meaning and need for the preparation of bank reconciliation statement; identify causes of difference between bank balance as per cash book and pass book; prepare the bank reconciliation statement; ascertain the correct bank balance as per cash book;

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the business organisations keep a record of their→cash and bank transactions in a cash book. The→cash book also serves the purpose of both the cash→account and the bank account and shows the→Once the cash book has been balanced, it is→

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