Why Is Bank Reconciliation Statement Prepared?

1.	Why Is Bank Reconciliation Statement Prepared?
Answer» Bank reconciliation STATEMENT is a statement prepared on a particular day to reconcile the bank balance as PER Cash book or Bank statement SHOWING entries CAUSING difference between the two BALANCES. Bank reconciliation statement is a statement prepared on a particular day to reconcile the bank balance as per Cash book or Bank statement showing entries causing difference between the two balances.

Answer»

Bank reconciliation STATEMENT is a statement prepared on a particular day to reconcile the bank balance as PER Cash book or Bank statement SHOWING entries CAUSING difference between the two BALANCES.

Bank reconciliation statement is a statement prepared on a particular day to reconcile the bank balance as per Cash book or Bank statement showing entries causing difference between the two balances.

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Why Is Bank Reconciliation Statement Prepared?

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