Do you agree or disagree with the following statement:
i. The bank column of Cash Book represents the bank account.
ii. A bank statement enables the account holder to prepare Bank Reconciliation Statement.
iii. Cheques issued for payment but not presented to bank appear in Cash Book only.
iv. Bank Reconciliation Statement is prepared only during the year-end.
v. Bank Reconciliation Statement is similar to the bank statement.
vi. Bank balance as per Cash Book is always equal to bank balance as per Pass Book.
vii. Bank advice is sent by the businessman to the bank.
viii. Pay-in-slip is used for depositing cheques into banks.
ix. The difference in Cash Book Balance and Pass Book balance may arise due to errors committed while recording.
x. Payment and receipt of cash through internet banking generate an automatic proof.