Bank Reconciliation Statement is prepared by5
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Q: Bank Reconciliation Statement is prepared by
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Answer :
Explanation :
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.