Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business).

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Academy of PakistanTest & Learning

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259AccountingMedium

ACash payment journal

BFinancial statements

CCash receipt journal

DCash book

Correct answer

D. Cash book

Explanation

Cash book is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business). - Answer and Explanation | Academy of Pakistan