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What is meant by bank reconciliation statement?

Accounting
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Question added by PAZHANI VADIVELU , ASSISTANT PROFESSOR IN MASTER OF BUSINESS STUDIES , ADHIPARASAKTHI ENGINEERING COLLEGE
Date Posted: 2015/11/10
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Qumasha Altassan
by Qumasha Altassan , Senior advisory associate , KPMG

The bank statement lists the activity in the bank account during the recent month as well as the balance in the bank account.

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