bank reconciliation statement format please
Answers
Answered by
0
Answer:
Bank Reconciliation Statement is a statement which records differences between the bank statement and general ledger. The amount specified in the bank statement issued by the ban
Answered by
12
⠀ ⠀ ⠀⠀ ⠀ ⠀⠀ ⠀
●Bank Reconciliation Procedure:
⠀ ⠀ ⠀⠀ ⠀ ⠀⠀ ⠀
On the bank statement, compare the company's list of issued checks and deposits to the checks shown on the statement to identify uncleared checks and deposits in transit. Using the cash balance shown on the bank statement, add back any deposits in transit. Deduct any outstanding checks.
⠀ ⠀ ⠀⠀ ⠀ ⠀⠀ ⠀
⠀ ⠀ ⠀⠀ ⠀ ⠀⠀ ⠀
Similar questions
Computer Science,
2 months ago
Chemistry,
2 months ago
English,
4 months ago
Math,
9 months ago
Math,
9 months ago