BANK RECONCILIATION NOTES

Institution University
Course BCOM
Year 2nd Year
Semester Unknown
Posted By Mwalimu Evans Okoyo.
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Description

In this chapter we look at the way in which a business deals with any differences between the balance of the bank account in the cashbook and the closing balance of the bank account shown by the bank statement for the same period. These differences are explained by a document known as bank reconciliation statement.
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