Join Examsbook
1128 0

Q: Bank Reconciliation Statement is prepared by

  • Show AnswerHide Answer
  • Workspace

Answer :
Explanation :

The Accountant typically prepares the Bank Reconciliation Statement using all transactions.   Bank Reconciliation Statement : Bank reconciliation is a process which prepares a statement accounting for the difference between the cash balance in the cash account of a company and the cash balance according to its bank statement. This statement can help a company to verify that its bank account ending balance per the bank matches the balance on hand per the company's general ledger.

Are you sure

  Report Error

Please Enter Message
Error Reported Successfully