Question

5 disadvantage of bank reconsilation
no spamming​

Answer 1

Answer:

1. It can create checks that clear the bank after being voided.

2. It can issue un-cleared checks that continue not to be presented.

3. It risks changes in the dates covered by the bank statement.

4. It makes possible that deposited checks will be returned.

5. It risks having missing transactions.

Answer 2

Answer:

1. UNCLEARED CHEQUE MISMATCH

multiple cheques can create difficulty in recon

2. CHANGES IN DATE

dates recorded by bank is different from date in books

3. TOO MANY TRANSACTIONS

bank recon becomes headache in this case