BANK Reconciliation

Question 0

What goes on the bank reconciliation?

Answer 0

Items that are on the cash book and not in the bank statement

And often additional information that is not on the bank statement

Question 1

In what order is a bank rec produced?

Answer 1

Balance on the bank statement

Unpresented payments (subtract)

Unpresented receipts (add)

Give you the balance per cash book