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what is reconciliation

Answer Posted / rahul jain

Reconciliation: in simple word we can say, comparasion of
any thing whether books,accounts,statement etc & found out
where is difference? what is the reason for this
difference?
In reconcilaition we have to need a base any one statement.
Second statement is to be arranged according to first
statement where is difference & reason for such diffrence
write down under second statement.

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