Bank statement example sentences

It will be observed that a bank statement/passbook shows all deposits in the credit column and withdrawals in the debit column.But the firm will know about these transactions and record the same in the cash book only when it receives a bank statement.An illustrative bank passbook of a current account is shown in figureure The amount of balance shown in the passbook or the bank statement must tally with the balance as shown in the cash book.To enable this check, the cashier needs to ensure that the cash book is completely up to date and a recent bank statement (or a bank passbook) has been obtained from the bank.This causes difference between the bank balance shown by the cash book and the balance shown by the bank statement.A bank statement or a bank passbook is a copy of a bank account as shown by the bank records.But, the firm does not receive the intimation from any source till it receives the bank statement.In the bank statement, where the balance is followed by Dr.A statement prepared to reconcile the bank balance as per cash book with the balance as per passbook or bank statement, by showing the items of difference between the two accounts.In order to prepare a bank reconciliation statement we need to have a bank balance as per the cash book and a bank statement as on a particular day along with details of both the books.The firm comes to know about it only when the bank statement arrives.