distinguish between pass book and bank reconciliation statement .

1. Pass book is prepared by bank whereas bank reconciliation statement is prepared by the account holder

2. Pass book is prepared for particular period of time and bank reconciliation statement is prepared on a particular date

3. Pass book is compulsory for the bank to prepare and bank reconciliation statement is not compulsory to prepare

4. Pass book starts with balance as per Customer's Account in the bank ledger whereas Bank reconciliation statement starts with bank balance as per Cash book or Bank statement/Pass book
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