Accounting · Bank Reconciliation Statement
While preparing a Bank Reconciliation Statement starting with a Cashbook balance, the balance as per the Passbook will be higher than the Cashbook due to direct payments by customers into the trader's account. To reconcile, the balance as per the Passbook will have to be ________ or the balance as per the Cashbook ________ by that amount.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1increased, increased
- 2increased, decreased
- 3decreased, increased✓
- 4decreased, decreased
Correct answer
decreased, increased
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Bank Reconciliation Statement MCQs →Want more practice questions on Bank Reconciliation Statement?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Bank Reconciliation Statement