Question

Which transactions are recorded in a bank reconciliation statement ?​

Answer 1

Answer:

All the transactions like overdraft interest, amount debited by the bank but not recorded in the cash book, cheques and bills dishonoured are deducted. All the credits and profit collected by the company and directly deposited in the bank is added. Adjustments of errors are made.

Answer 2

Answer:

All the transactions like overdraft interest, amount debited by the bank but not recorded in the cash book, cheques and bills dishonoured are deducted. All the credits and profit collected by the company and directly deposited in the bank is added. Adjustments of errors are made.