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what is bank reconsilation statement?and hw it will be
calculating

Answer Posted / lalitha

Bank reconsilation statement is a statement which is given
by the bank, Normally a company gets its statement to check
with his books of accounts if any dispute the accountant
contact with the bank for what reason the particular amount
debited or credit and correct his books of accounts

It wil be calculating based on the debit of Bank statement
should be checked with the credit of the company statement
and credit of the company statement should be checked with
the debit of the bank statement

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