prospermfuru
prospermfuru prospermfuru
  • 04-04-2020
  • Business
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Explain Bank reconciliation and bank statement.​

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henrydesanta
henrydesanta henrydesanta
  • 04-04-2020

Answer:

A bank statement is the document sent by a bank at the end of each month showing the balance of our bank account and the transactions that had take place during the time.

A bank reconciliation statement is a document we prepare to identify and present the reasons for the difference between the bank statement's balance and the bank accounts balance we keep in our ledger!

Explanation:

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