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what is Procedure of Bank Reconciliation?

Question Posted / rahul bansal

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what is Procedure of Bank Reconciliation?..

Answer / sanjay kumar

Bank reconciliation is a statement which reconcile
difference between cash book and pass book .that is called
bank reconciliation

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what is Procedure of Bank Reconciliation?..

Answer / chauhan

Bank Reconciliation is difference between balance shown in bank statement & Balance as per our Bank Book
procedure is to identify the cheques issued and deposited in bank with bank statement
unidentified or cheques which is issued but not presented and cheques deposited but not cleared in statement will show as bank reconciliation.

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