Is Bank Reconciliation Statement is compulsory prepared?
Even when both cash & Bank Book are tally?
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Answer Posted / madhu naidu
It is a statement to prepare to reconsile the diffrence
between balence as per Bank book and balence as per cash
book.
* it is prepared by a customer (i.e Accountant)
* according to My knowledge if both books are tallyed at
the same time, There is no need to prepare This statement.
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