True or False

• The final balance in the receipt book is the basic departure point in reconciling the balances in the cash book and bank statement. _______
• The overall principle is that any entry that appears on the bank statement but is not entered in the same way in the cash book, cannot be corrected in the bank reconciliation and must be accounted for. _______
• Any bank statement item that causes an additional expenditure to the business must be deducted from the final balance of the cash book. _______