ADVERTISEMENTS:

Why is it necessary to prepare a Bank Reconciliation Statement?

The necessity of Bank Reconciliation Statement are given below:

  • It reflects the actual bank balance position.

    pop_bank_statement_automation.jpg

    image source: cashbook.com/images/pop_bank_statement_automation.jpg

  • It helps to detect any mistake in the Cash Book and in the Pass Book.
  • It prevents frauds in recording the banking transactions.
  • It explains any delay in the collection of cheques.
Kata Mutiara Kata Kata Mutiara Kata Kata Lucu Kata Mutiara Makanan Sehat Resep Masakan Kata Motivasi obat perangsang wanita