BANK RECONCILIATION STATEMENT

Purpose of Bank Reconciliation Statement

Reasons for difference between Cash book and Bank Statement

Methods of Preparing of Bank reconciliation statement

• Method 1: Preparing BRS starting with debit balance as per Cash Book
• Method 2: Preparing BRS starting with credit balance as per Cash Book
• Method 3: Preparing BRS starting with Credit balance as per Bank Statement
• Method 4: Preparing BRS starting with Debit balance as per Bank Statement

Preparing Bank Reconciliation Statement from amended/adjusted Cash Book