What is the purpose of a bank reconciliation statement?

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What is the purpose of a bank reconciliation statement?..

Answer / dayakar

The main purpose is to check out the reasons why the bank
statement and the bank balance in our cash book is not tallied

Is This Answer Correct ?    10 Yes 2 No

What is the purpose of a bank reconciliation statement?..

Answer / suburam

Bank reconciliation statement is a statement.
To find out the difference of the balances between Bank
column cash book and Cash column of bank book.

Is This Answer Correct ?    6 Yes 0 No

What is the purpose of a bank reconciliation statement?..

Answer / pushkaraj

To know the actual bank balance

Is This Answer Correct ?    4 Yes 2 No

What is the purpose of a bank reconciliation statement?..

Answer / prateeka4u

This prepare mainly end of every month or year ending how
much amount have in our A/c .Becoz decided to drawing or
deposit.further uses guide -> BRS.

Is This Answer Correct ?    1 Yes 8 No

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