Q:
Bank Reconciliation Statement is prepared by
Answer
The Accountant typically prepares the Bank Reconciliation Statement using all transactions.
Bank Reconciliation Statement :
Bank reconciliation is a process which prepares a statement accounting for the difference between the cash balance in the cash account of a company and the cash balance according to its bank statement. This statement can help a company to verify that its bank account ending balance per the bank matches the balance on hand per the company's general ledger.
View answer
Workspace
Report Error
Discuss