Bank Reconciliation Statement for Credit Transaction
Bank Credit Transaction
Bank credit of 1200 rupees in our bank account is a transaction that needs to be reconciled in the bank reconciliation statement.

Steps to reconcile the bank credit transaction:
1. Identify the transaction: The first step is to identify the bank credit of 1200 rupees in the bank statement.
2. Check the books: Verify if the bank credit matches with the entry in the company's books. Ensure that the amount credited by the bank is correctly recorded in the company's accounting records.
3. Record the transaction: Make sure to record the bank credit transaction in the company's books if it has not been done already.
4. Prepare the bank reconciliation statement: The bank reconciliation statement is a document that compares the company's records with the bank statement. Include the bank credit of 1200 rupees in the statement.
5. Reconcile the balance: After including the bank credit in the bank reconciliation statement, reconcile the balance to ensure that the company's records match with the bank statement.
6. Adjust any discrepancies: If there are any discrepancies between the company's records and the bank statement, investigate and make necessary adjustments to reconcile the balances.
7. Finalize the bank reconciliation: Once all discrepancies are resolved, finalize the bank reconciliation statement and ensure that the balances match.
By following these steps, you can effectively reconcile the bank credit transaction of 1200 rupees in the bank reconciliation statement.