Accounts Receivable (AR) Question:
What is reconciliation statement and investment banking?
Answers:
Answer #1Reconciliation statement is formerly known as a tool which is used to reconcile the bank passbook and our passbook.
Investment banking is a is a instrument which is used by the financial organization to take a better investment decision like issuing IPO stocks bond etc.
Investment banking is a is a instrument which is used by the financial organization to take a better investment decision like issuing IPO stocks bond etc.
Answer #2Statement of all the conflict and discripencies which occurred between customer and banker account (cash book/Pass book)lol called Bank reconciliation statement .its a periodic statement can. E made by Monthky , quarters. Annually
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