Which of the following is NOT a criterion for evaluating bank liquidity used by regulators? a. availability of assets readily converted into cash b. the diversity of the bank's money market assets c. the bank's formal and informal commitments for future lending or investments d. structure and volatility of deposits Choose one correct answer please.

Q: BANK RECONCILIATION STATEMENT (definition and provide example)

A: DISCLAIMER: “Since you have asked multiple questions, we will solve the first question for you. If…

Q: Explain the purpose for preparing bank reconciliation statement.

A: Bank reconciliation statement: Bank statement is prepared by the bank. The company maintains its own…

Q: Deposits accepted by bank are: Select one alternative: Bank’s liabilities Deposits are not…

A: Deposits are the amount deposited in the bank by the customer. Bank pays a specific rate of interest…

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.