which opening balance should be taken after bank reco.
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Answer Posted / gyanendra saxena
FOR BANK RECONCILIAION YOU CAN TAKE ANY OF THE BALANCES
EITHER BANK OR BOOKS, THIS IS RECONCILIATION STATMENT
BETWEEN BANK AND BOOKS.
THE MAIN PURPOSE TO FIND OUT THE DIFFRENCE BETWEEN BANK AND
BOOKS. AND FIND OUT THE REASON FOR VARIATION OF BOTH
BALANCES.
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