Economics · Bank Reconciliation Statement

Considering the following statements regarding the treatment of specific banking instruments and electronic fund transfers within the scope of a Bank Reconciliation Statement, which statements are correct? Statement I: An amount of ₹50,000 received via RTGS and credited by the bank on 31st March at 6:00 PM, but noticed by the accountant on 2nd April, requires an addition to the Cash Book balance when reconciling to the Passbook balance. Statement II: If a bill of exchange previously discounted with the bank is dishonoured, the bank will debit the customer's account with the full amount plus noting charges, requiring a corresponding credit entry in the Cash Book. Statement III: The 'Balance as per Passbook' always reflects the actual liquid cash available to the business, whereas the 'Balance as per Cash Book' is merely an estimate used for internal reporting purposes.