Bank Reconciliation Statement: Learning Objectives: Define and explain bank reconciliation statement. What are the reasons of disagreement of the balances of cash book and bank statement. Prepare the format of the statement. Prepare bank reconciliation statement. Definition and explanation Causes of disagreement between cash
Causes of Disagreement
Causes of Disagreement can be caused by Facts, Definitions, Values, Signaling, Failures of logic, Information processing methods ,Default beliefs.These are the main causes of Disagreement.