7. what is reconciliation

Question Posted / sunil_nirala

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7. what is reconciliation..

Reconciliation is comparison of two records. For Example: Comparing your bank statement with your receipts from grocery stores.

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7. what is reconciliation..

Answer / mahesh babu

Reconilaion is used to identify the un realised gains and un realised loses which is occuer to currency exance rates flauctuations.

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