Bank Reconcilation Flashcards
1
Q
Bank statement to Cash Balance
A
Ending bank balance + deposit in transit - outstanding checks
DO NOT include service charges and fees as they have already been taken out from the bank
FAR > Bank Reconcilation > Flashcards
Bank statement to Cash Balance
Ending bank balance + deposit in transit - outstanding checks
DO NOT include service charges and fees as they have already been taken out from the bank