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bank reconciliation

This topic has 3 replies, 2 voices, and was last updated 1 year ago by John Moffat.

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October 8, 2021 at 1:28 pm #637248
jcafelatte
Member
- Topics: 14
- Replies: 8
after checking a business cash book against the bank statement , which of the following items could require an entry in the cash book?
1 bank charges
2 a cheque from a customer which was dishonored
3 cheque not presented
4 deposits not credited
5 credit transfer entered in bank statement
6 standing order entered in bank statement
i dont understand what does 4 5 6 mean. dear mr john moffat can you please explain ?
October 8, 2021 at 2:05 pm #637249
John Moffat
Keymaster
- Topics: 57
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Again, have you watched my free lectures on bank reconciliations because I explain all of these?
October 8, 2021 at 2:27 pm #637256
jcafelatte
Member
- Topics: 14
- Replies: 8
you explained exactly 4 5 and 6 in the free lectures ?
October 8, 2021 at 2:32 pm #637258
John Moffat
Keymaster
- Topics: 57
- Replies: 51538
Of course I do because they are standard terms!!
They are listed in Chapter 15 of our free lecture notes and I explain them in the free lectures working through Chapter 15.
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