Practicing Success
Who prepared the Bank Reconciliation Statement to reconcile the balances? |
Debtors Creditors Account holder Concerned Bank |
Account holder |
The correct answer is option 3- Account holder. Bank Reconciliation Statement is a statement prepared to reconcile the bank balance as per cash book with the balance as per passbook or bank statement, by showing the items of difference between the two accounts. It is prepared by the account holder of the bank to reconcile the difference between two balances. |