How is bank reconciliation statement prepared?

3 methods: Book to Bank Balance, Bank to Book Balance, Adjusted Balance

Monitor all the cash inflows and outflows in the bank statement and compare the cash activity in books records to the transaction in bank statement.  Make the necessary adjusting entries.

Differences between the closing balance as on date for both the Bank Book & Pass book is identified first,before every debit & credit transaction in the both the statements are compared one by one to find the differences.Further more reconciliation should not take  more than 30 minutes,if a candidate is good at excel & the reference in both books are identical.