Skip to content

Ask the Tutor ACCA FA

BRS

Ppreet5y ago
When we are asked for the bank balance in the question, does it mean the cash book balance or the bank statement balance? What would be asked for the bank statement balance?
John MoffatJohn MoffatTutor5y ago#1
It depends on the wording of the whole question.
Ppreet5y ago#2
Could you please give an example and elaborate on it? I'm finding myself very confused to distinguish.
John MoffatJohn MoffatTutor5y ago#3
I work through an example in my free lectures on bank reconciliations. If you have a problem with a specific question then say which one and I will then explain.
Sign into reply to this topic.