Question on: SS1 Accounting - Adjustments of Cash Books
What does it mean to reconcile the cash book with the bank statement?
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A
To ensure that the book balance matches the bank balance
B
To update the cash book to include any missing transactions
C
To adjust the cash book to reflect any errors or discrepancies
D
To compare the transactions recorded in the cash book with the transactions recorded in the bank statement
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Correct Option: A
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