what is the meaning of bank reconcilation
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Answer / y.shiva reddy
Bank reconciliation is a statement, is prepared with an
uncommon adjustment of the "cash book' and pass book" find
out the difference between them.
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Answer / shaik pyarejan
Bank reconciliation is a statement is prepared with an
uncommon adjustment of the cash book and pass book to find
out the reasons of difference in the balance as shown by
the trader's cash book and bank's pass book.
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Answer / g k renjit
A Bank Reconciliation Statement is a statement prepared by a
customer of a bank showing the causes of disagreement
between the balances as per his cash book and pass book as
on a particular date. It is prepared to bring cash book
balance in agreement with the balance as per pass book.
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