February 2025

Cambrige Notes: Principles of Accounting: Preparation of bank reconciliation statement

By |2025-02-12T09:38:45+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Preparation of bank reconciliation statement

  • We have already looked at what bank reconciliation statements are and why we need them
  • Here we will look at steps required to prepare them and their format
  • First it must be pointed out that the Bank Column in the Cash Book like all of […]
Read More
Comments Off on Cambrige Notes: Principles of Accounting: Preparation of bank reconciliation statement

Cambrige Notes: Principles of Accounting: Bank Reconciliation Statement Example

By |2025-02-12T09:38:55+02:00February 12th, 2025|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Bank Reconciliation Statement Example

  • As discussed here preparing a bank reconciliation statement involves three steps:
    1. Obtaining the current bank statement
    2. Updating the Cash Book
    3. Preparing the Bank reconciliation statement
  • Now we will look at an example:

Draw up a bank reconciliation statement, after writing the cash book up to date, ascertaining […]

Read More
Comments Off on Cambrige Notes: Principles of Accounting: Bank Reconciliation Statement Example
Toggle Sliding Bar Area
Go to Top