Bank Reconciliation Statement Public Class

About the Class

With the expansion of business transaction and with the increase in monetary returns, there is a need to open a bank a/c. For proper record of transaction, there is a need to have proper informative sheet which explain how much cash is in hand and how much balance in bank. To be informative, every business need to reconcile its bank book which is operated by businessmen and bank statement which is the record available in bank a/c opened by businessmen in particular bank. So the sheet or statement is called as bank reconciliation statement. This statement is help not only to find out the correct position of bank a/c as on a particular date but also to know the causes of difference between the two balances.

Language of instruction:

Keywords: accountancy, accountancy, brs, bank reconciliation statement, business, business transactions