Question

Bank reconciliation statement is​

Answer 1

Answer:

A bank reconciliation statement is a summary of banking and business activity that reconciles an entity's bank account with its finna record's . the statue outlines the deposit, Widrawel and other activities affecting a Bank account for a special period.

Answer 2

Explanation:

In bookkeeping, a bank reconciliation is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures needs to be examined and, if appropriate, rectified.