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HBC 2101: BANK RECONCILIATION STATMENTS
| Institution | JKUAT |
| Course | Information Technolo... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Jeff Odhiambo |
| File Type | |
| Pages | 11 Pages |
| File Size | 134.71 KB |
| Views | 2085 |
| Downloads | 0 |
| Price: |
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Description
The cashbook for cash at bank records all the transactions taking place at the bank i.e. the movements of the account held with the bank. The bank will send information
relating to this account using a bank statement for the firm to compare. Ideally, the records as per the bank and the cashbook should be the same and therefore the balance carried down in the cashbook should be the same as the balance carried down by the bank in the bank statement.
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