Comparing the Cashbook against the bank statement
ID:CVCBBS
Video Overview
When we perform the bank reconciliation procedure we compare the cashbook against the bank statement that is received from the bank. The secret to accurately reconciling everything is to follow a step-by-step process when doing the reconciliation. This tutorial briefly looks at that step-by-step process involved, but more specifically will look at the steps involved in comparing the cashbook against the bank statement.
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