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CA CPT June 2019 Question Paper Fundamentals of Accounting for online practice

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Question : 15

Total: 59

Which of the following is the salient feature of bank reconciliation statement?

Any undue delay in the clearance of cheques will be shown up in the pass book only.
Errors in cash book only will be recognized in BRS.
Frequent preparation of BRS discourages the accountant of the bank from embezzlement.
it can’t help in finding out the actual of bank balance.

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