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Question Question what is bank recouncilation
Answer Answer

A STATEMENT DISPLAYING THE ITEMS OF DIFFERENCE BETWEEN THE ACCOUNT REPORTED BY THE BANK AND ACCOUNT APPEARED IN THE BOOKS OF BANKS CUSTOMER.

Answered By: GADDAM SRIKANTH    Date: 7/12/2007

reconcialation is a statement which will shows the differences betwin the bank pass book and cash book.

Answered By: raja    Date: 7/19/2007

is a statement, which will show the differenses b/w Pass book and Cash book. It rectifies the differenses in the books of bank and the account holder.

Answered By: nani    Date: 7/19/2007

it means some times bank pass book and cash book shows different balance of amount because of some reason, so we have to find the reason match to it

Answered By: SANTOSH SALIMATH    Date: 11/29/2007

Bank reconcilation statement is for checking the correctness of the transaction through bank with the bank statement with bank book of the accountholder

Answered By: Kishor Salgaonkar    Date: 2/5/2008

Bank Reconcialation Statement is prepared to reconcile the bank balance as per the cash book with the bank balance as per the pass book.

Answered By: Renukha Rai    Date: 3/5/2008

Bank Reconcialation Statement is prepared to reconcile the bank balance as per the cash book with the bank balance as per the pass book.

Answered By: Pravin Yadav    Date: 4/22/2008

Bank reconciliation is a Statement prepared by the customer to find out the differences in the cash book prepared by him and the pass book given by the bank.

Answered By: Shobha PS    Date: 11/20/2008

Reconcialation means to know the exact balance available in bank after comparing company accounts and to know how much bank payments pending over a period.

Answered By: madhu    Date: 11/4/2008

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