Bank reconciliation statement refers to ........

General Accounting Principles Bank reconciliation statement

Bank reconciliation statement refers to-

Part of pass book

Part of cash book

Is a part of accounting cycle

Is an independent statement that only reconciles the difference between cash book & pass book

BRS does not form part of double entry system. It is an independent statement that deals with cash book & pass book differences.

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refering the explanation Correct answer marked but still given incorrect