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BRS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › BRS

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • November 26, 2020 at 6:04 am #596482
    ketki15
    Member
    • Topics: 60
    • Replies: 15
    • ☆☆

    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?

    November 26, 2020 at 9:05 am #596501
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    It depends on the wording of the whole question.

    November 29, 2020 at 10:10 am #596988
    ketki15
    Member
    • Topics: 60
    • Replies: 15
    • ☆☆

    Could you please give an example and elaborate on it? I’m finding myself very confused to distinguish.

    November 30, 2020 at 9:42 am #597083
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    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.

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