Bank Reconciliation Statement | BRS | Accounting | Letstute Accountancy
From Dani Phillip
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In this session of Bank reconciliation statement you will learn
1) What is a Bank reconciliation statement,
2) How to prepare it, tricks to prepare Bank Reconciliation Statement
3) Causes of difference in cash book and bank book/pass book, etc.
This session will help you to prepare & understand bank reconciliation statement very easily & in a logical manner. Bank reconciliation statement is a statement prepared by the account holder to reconcile the bank balance as per cash book with the balance as per bank statement or bank pass book showing causing differences between two balances.
We have attached a PDF where one can get a quick glance of the whole chapter in few minutes. Also, you will understand what is bank reconciliation statement (BRS), reasons for difference in cash book and pass book, how to prepare bank reconciliation statement, tricks to solve the problem, etc.