Bank Reconciliation

Question 1

How to complete cash book?

Answer 1

Add items not originally included from bank statement
Write adjustment if needed
Correct the balance

Question 2

How to produce bank reconciliation

Answer 2

Start with bal on bank statement
Less unpresented payments
Add Amounts not yet credited
Balance as per cash book

Question 3

How to produce bank reconciliation, starting with cash book balance

Answer 3

Balance as per cash book
Less: Amounts not yet credited
Add: Unpresented payments
Balance as per bank statement