Explain what is bank reconciliation statement?
Submitted by: MuhammadBank Reconciliation Statement is a statement prepared to reconcile the balances of cash book maintained by the concern and pass book maintained by the bank at periodical intervals. At the end of every month entries in the cash book are compared with the entries in the pass book. The causes of differences in balances of both the books are scrutinized and then reconciliation statement is prepared.
Submitted by: Muhammad
Submitted by: Muhammad
Read Online Bank Reconciliation Job Interview Questions And Answers
Top Bank Reconciliation Questions
| ☺ | Explain the reasons which cause pass book of the bank and your bank book not tally? |
| ☺ | What are the important things to be remembered while preparing a bank reconciliation statement? |
| ☺ | Explain Bank Reconciliation Statement. Why is it prepared? |
| ☺ | Explain step for preparing a bank reconciliation statement? |
| ☺ | Explain things to avoid while preparing a bank reconciliation statement? |
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