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what do you mean by Bank reconcilation statement
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Answer Posted / sachin
Bank reconcilation statement:;;some time a company bank
book or cash book dosnt match" because ""
(1)when we issue a cheque at the time we debit in our books
but cheque takes some time (days) in clearing ..so it is
not debit in bank book.
(2)some time banks debit some bank charge which is not
bedit in our accounts.
(3) cheque deposit in to bank but not clear (but at the
time we credit it in our books...
so for tally the acccount we have to make a
statement called Bank reconcilation statement..
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