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What Is The Meaning Of Brs In Accounting? |
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Answer» A bank reconciliation statement is a summary of banking and business activity that reconciles an ENTITY's bank account with its financial RECORDS. The statement outlines the DEPOSITS, withdrawals, and other activity impacting a bank account for a SPECIFIC period. A bank reconciliation statement is a summary of banking and business activity that reconciles an entity's bank account with its financial records. The statement outlines the deposits, withdrawals, and other activity impacting a bank account for a specific period. |
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