Question

Write a conclusion on bank reconciliation statement

Answer 1

Explanation:A statement which is prepared to find out the reasons for disagreement between the bank statement balance and the cash book balance of the bank, and to test whether the apparently conflicting balance do really agree is known as Bank Reconciliation Statement "

At the end we can conclude that the Bank Reconciliation Statement explains the difference between cash reported on bank statement and cash balance in depositors accounting records.

Answer 2

Answer:

A statement which is prepared to find out the reasons for the disagreement between the bank statement balance and the cash book balance of the bank and to test whether apperantly conflicting balance do really known as the bank reconciliation system.

At the end we can conclude that the Bank Reconciliation Statement explains the difference between the cash reported on the bank statement and cash balance in the deposited accounting records.

Hope it might helps you.

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