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When Bank Reconciliation Statement Prepared? |
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Answer» Normally Bank RECONCILIATION Statement is prepared by the trader on closing date of accounts, i.e., Dec. 31 or JUNE 30 or March 31. SOMETIMES it is prepared at the end of every month after preparing Cash Book or regularly after CERTAIN interval to check the accuracy of Cash Book. statutory there is no specific date to prepare it. Normally Bank Reconciliation Statement is prepared by the trader on closing date of accounts, i.e., Dec. 31 or June 30 or March 31. Sometimes it is prepared at the end of every month after preparing Cash Book or regularly after certain interval to check the accuracy of Cash Book. statutory there is no specific date to prepare it. |
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