Choose the statement which you consider to be correct out of the following:

(i) A Bank Reconciliation Statement is prepared so that

(a) The difference in the balance in the bank and the cash balances is reconciled

(b) The difference in the balances in the passbook in the beginning and at the end is reconciled

(c) The difference in the passbook and cash book balances is reconciled

(ii) A bank reconciliation statement

(a) Is prepared to ascertain the causes for the difference in the cash columns of the cash book and bank columns

(b) To establish the causes for the difference between the cash balance and the passbook balance

(c) Is prepared to establish the causes of the difference between the balance shown by the bank columns of the cash book and that shown by the passbook

(iii) The passbook of an account-holder is a copy of

(a) The bank columns in the cash book of the account-holder

(b) The relevant account in the books of a bank

(c) The cash columns in the cashbook of a customer