Bank Reconciliation Statement:
Bank Reconciliation Statement in short BRS, is an explanation of the difference between bank balance as per cash book and bank balance as per Passbook(Bank statement). Sometimes, The bank balance as per the cash book and passbook does not tally with each other, then we can know the difference between them by preparing the bank reconciliation statement.
The bank reconciliation statement is the process of checking the differences between a bank column of the cash book
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Chapter No. 12 – Bank Reconciliation Statement – USHA Publication Class +1 – Solution
Question wise solution of the all Questions of Chapter No. 12 – Bank Reconciliation Statement – USHA Publication Class +1 – Solutions are shown below: –