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Answer Posted / pravin kamble
Bank reconciliation means
1)To reconcile the bank statement with our books of account
for the period agreed.
2)Match the entries posted in our book with the Bank
statement.
3)Highligh / segreegate the unmatched entries.
4)Find out the reason for unmateched entries.
5)Pass the correction entries in our books or if required
communicate to bank to rectify it.
6)Find out the timming difference.
For any more clarification mail to me on
pravin.kamble425@gmail.com
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