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What is Bank Reconcillation Statement ?

Dear Student,
Shivangi and Kriya are absolutely correct!
For detailed explanation, refer to our study material. It will help you understand the concept in a better way. Refer the path given below:
Select the subject (Accountancy) -> Study Material --> Chapter-5 Bank Reconciliation Statement --> Lesson-1 Meaning and need of Bank Reconciliation Statement
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hi! Arijit

BRS is a statement prepared mainly to reconcile the differences between the BANK BALANCE shown by the cash book and bank pass book

I hope this helps u!

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bank reconciliation statement is a statement prepared by the account holder on a particular date to reconcile the bank balance as per cash book with the balance as per bank statement or bank pass book showing entries causing differences between the two balances.

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