Definition of Bank Reconciliation
What is Bank Reconciliation?
Answers
Answered by
3
Bank Reconcilaition Statement (BRS) is prepared by the accountant to tally the figures in bank column of cash book with the bank pass book.
it states by how much money the both are differing
it states by how much money the both are differing
Answered by
5
Answer:
Bank reconciliation is the process of matching and balancing figures in accounting records with those displayed on a bank statement. Starting and maintaining solid, professional accounting practices is essential for the growth of a business.
Similar questions