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what do you mean by Bank reconcilation statement
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Answer Posted / mahesh babu
Babk reconciliation is a one accounting statement.whenever
we will take one particular period at that time as per pass
book balances and cash book balances should not tally
because some reason is there.
1.we issued some cheques but not presented for payment.
2.we deposited some cheques in bank but not credited.
3.Bank charges
4.Bank interest and etc.
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ACCOUNTING CONCEPTS AND CONVENTIONS
