Question

banks prepare the accounts for​

Answer 1

Answer:

For reconciling the balances as shown in the Cash Book and passbook a reconciliation statement is prepared known as Bank Reconciliation Statement or BRS. In other words, BRS is a statement which is prepared for reconciling the difference between balances as per cash book's bank column and passbook on a given date.....

Answer 2

Answer:

Banks prepared accounts for loan,intrest and much more