Accountancy, asked by adityaranjanpanda27, 1 month ago

3. Why is ‘Bank Reconciliation Statement’ prepared?

Answers

Answered by mmukkamulasrinivas

Answer:

I don't know vmnckjbdbsnxbsbba

Answered by harithabanoth738

BRS is prepared on a periodical basis for checking that bank related transactions

are recorded properly in the cash books

bank column and also by the bank in their books.BRS helps to detect errors in recording transactions and determining the exact bank balance as on a specified date.

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