Bank Reconciliation Statement
- Bank reconciliation statement is prepared on a particular date to reconcile the bank balance as per the cash book with the balance as per the bank pass book.
- Bank reconciliation statement brings out any error that may have been
- A bank reconciliation statement can be prepared starting with the cash book balance or pass book balance.
- Debit balance as per cash book and credit balance as per pass book means favourable balance.
- Credit balance as