what is bank reconciliation statement
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Answer / sandeep kumar
Bank reconsilation statement shows the difference between
the cash book n passbook.
Pass book is written by the bank.
If we want to know clear i.e. If cash book increases, pass
book decreases n vice-versa.
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The statement in which bank reconcilation is done is called
bank reconcilation statement.
BRS is a statement which gives the complete and
stastfactory information for the difference between
passbook balance and bankbook balance.
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Answer / shyam
Bank Reconciliation is a statement with causes to show the
actual difference between bank book and pass book on a
particular date. Date may be as per requirement.
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Answer / gowtham
Bank Reconsilation statement is the shown difference between cash book and pass book
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Answer / venkatesh
Bank Reconciliation statement is a statement. The Cash Book
values reconciling to Bank Statement with suitable adjustments.
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / mohammed aslam
at the end of the year we need to prepare final account to
rectifiy the errors.
| Is This Answer Correct ? | 0 Yes | 2 No |
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