Explanation:

Answer – b) An independent statement which reconciles cash & pass book

Bank reconciliation statement is a report which compares the bank balance as per company's accounting records with the balance stated in the bank statement.The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.