Benefits of preparing Bank Reconciliation Statement includes___________?
AIt bring out any errors committed in preparation of Cash book / Bank Pass Book
BHelp know actual bank balance
CHighlights under delay in clearance of cheques deposited but not credited
DAll the three
Correct answer
D. All the three
Explanation
All the three is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.