Question

Hey Friend My question is related to BRS ...




If The balance of cash book is high and the balance of pass book is low so. what shoulf we do ?​

Answer 1

❤ hEllo maTe ❤

==> True . Bank reconciliation statement is prepared to reconcile the differences between the balances as per cash book and pass book . If the two balances match , then there is no need for a bank reconciliation statement .

Answer 2

Bank reconciliation statement is prepared to reconcile the differences between the balances as per cash book and pass book. If the two balances match, then there is no need for a bank reconciliation statement. But if there are differences in the rates you should must consult with ur banking agent or go to bank it is mostly due to a error in the system.

Hope it helps