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what is the difference between bank reconciliation statement and ledger?

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what is the difference between bank reconciliation statement and ledger?
Answered Same Day Dec 23, 2021

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Robert answered on Dec 23 2021
132 Votes
Transactions statements prepared by bank usually differ from the Transactions statement
prepared by an individual or enterprise because of various reasons. Due to the difference in both
the statement there is a need to reconcile them so that the amount, volume and transaction in
which there is a difference will be highlighted.
The difference in...
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