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Bank reconciliation statement

Question Posted / guest

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Bank reconciliation statement..

Answer / guest

It is a statement reconciling the balance as shown by
the bank passbook and the balance as shown by the cash book.
main Objective of brs to know the
difference and pass necessary correcting, adjusting entries in
the books.

Is This Answer Correct ?    14 Yes 0 No

Bank reconciliation statement..

Answer / madhulika

A FORM THAT ALLOWS INDIVIDUALS TO COMPARE THEIR PERSONAL BANK ACCOUNT RECORDS TO THE BANKS RECORDS OF THE INDIVIDUALS ACCOUNT BALANCE IN ORDER TO UNCOVER ANY POSSIBLE DISCREPANCIES.

Is This Answer Correct ?    5 Yes 0 No

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