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what do you mean by Bank reconcilation statement
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Answer Posted / letlhogonolo mhokeng
for some reaons the balance as per the cash book may not be
equal to that of a bank statement.since they are all used
to record the same transactions of the a particilar
business they are supossed to be the same at any time,so it
precisly for this reason a bank reconciliation statement
drawn to bring the balances of the said documents into
agreement.
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