What is the purpose of preparing a bank reconciliation and
why is it necessary?
Answer Posted / priti
Bank Recociliatino is generally prepared to reconcile Cash
at Bank balance as per Pass Book and Cash at bank Balance
as per Books of accounts maintained .
BRS is a crucial instrument to keep a check on frudulent
activities in the organisation /entity.
| Is This Answer Correct ? | 3 Yes | 0 No |
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