Accountancy, asked by zubairmurshid69, 9 months ago

what are the steps to adjust the bank account statement in a business?

Answers

Answered by bhavy27
0

Explanation:

1.COMPARE THE DEPOSITS. Match the deposits in the business records with those in the bank statement. ...

2.ADJUST THE BANK STATEMENTS. Adjust the balance on the bank statements to the corrected balance. ...

3.ADJUST THE CASH ACCOUNT. ...

COMPARE THE BALANCES.

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