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what is the purpose of preparing Bank reconciliation ?
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Answer / p.venketeswara
The main purpose of the preparing Bnak reconciliation statement is to find out the reason about the items causing the difference between the bank cash book and bank pass book.
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Answer / s.gayathri
As the supplied for the bank .bank reconcilisation prepared on a particular day o reconcil the bank balance as per cash book or bank statement showing entries causing difference between the two balance
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We have deposited a cheque into bank and same will be enter in our books,but still in bank not credited so avoiding the like this cases and matching the books & Bank we are doing BRS.
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