Differences Between Bank Statement And Reconciliation Statement - SS2 Accounting Lesson Note

A bank statement is a document provided by the bank to the account holder, which shows all the transactions that have occurred in a particular account during a specific period of time, including deposits, withdrawals, and fees. 

On the other hand, a bank reconciliation statement is a document that compares the transactions in the bank statement with the transactions in the account holder's own records, to identify any discrepancies or errors.

In other words, a bank statement is a record of all transactions that have occurred in a particular account, while a bank reconciliation statement is a process of verifying that the transactions in the bank statement match the account holder's own records.