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+--- Thread: Steps for balance sheet reconcilation (/showthread.php?tid=9500)
Steps for balance sheet reconcilation - Rithika - 02-09-2011
Hi,
Balance Sheet Reconciliation involves in the following steps performed by accounts
1.balance the account according to the bank,
2.balance the account according to the books,
3.compare the bank balance and the book balance and
4.create journal entries to make necessary adjustments