What is Bank Reconciliation Statement in Accounting | Lecture No. 01
We are back with the latest video. In this video, you will learn, what is bank reconciliation statement in accounting. this is the first lecture of this chapter. There would be two lectures and you will get the complete process of the solution of bank reconciliation statement question s in the paper. If a person has an account in the bank and maintains its balance ain his cash book the bankers will also record it in Passbook. At the end of the month if there is any difference between these two books a statement will be prepared to know the reasons for this difference this statement is called the bank reconciliation statement. Thanks for watching this video. If you like then share this video within your community.
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