How bank reconciliation statement is prepared

Question Posted / amitabh

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How bank reconciliation statement is prepared..

Answer / kishor bawane

You can prepared bank reconcilation statment in excel file,
like that given below.for Exp. Bank Balance as per Bank
statment is Rs.20/- and balance as per you books Is 100/-

Balance as per Bank Ledger IN Our Books 100

(-) (If Any)Cheque Deposited but not Realize in bank a/c
20
(-) Cheque Issued But not Present in Bank a/c 60

Balance as per Bank statment 20

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How bank reconciliation statement is prepared..

Answer / ammu

BRS means Bank Reconciliation statement
It shows both the pass book balance and the cash book
balance
Which means the cash which we have deposited in our account
it is clearly shown in the pass book and also the entry is
given which will be with us.Cash book entry will be done
and that will be with the bank.

Is This Answer Correct ?

11 Yes

3 No

How bank reconciliation statement is prepared..

Answer / gagan saini

Above both answer would be correct if Date/period factor also mentioned in it as reconciliation carried out with the balances of two accounts to know the correctness on a particular date. Therefore date factor could not be neglected anyway.

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