What is bank reconciliation statement
Solution:
Bank Reconciliation Statement is a statement prepared to reconcile the bank balance as per Cash Book with the balance as per Bank Statement or Bank Pass Book. The reasons for the differences are ascertained and presented in the statement.
Bank Reconciliation Statement is a statement prepared to reconcile the bank balance as per Cash Book with the balance as per Bank Statement or Bank Pass Book. The reasons for the differences are ascertained and presented in the statement.