what do you mean by Bank reconcilation statement
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Answer Posted / parvathy.k
Bank Reconcilation statement means comparing with company
bank book with bank statements, whether any other bank
charges, deposited cheques are realised, payment to payee
cheques are debited correctly or any other entries passed by
bankers like interest, penalty charges etc,.cross check with
bank statements to correct our company bank book and to
confirm the balance.
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