Question

what is Bank reconciliation statement explain properly​

Answer 1

Explanation:

bank reconciliation statement is a document that compares the cash balance on a company's balance sheet. The financial statements are key to both financial modeling and accounting. to the corresponding amount on its bank statement. Reconciling the two accounts helps identify whether accounting changes are needed

Answer 2

Answer:

Balance sheet is a statement of balance actually sometimes bank passbook and owner passbook are different so we need to clarify that why ok

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