Achieving the right balance

The important role of the bank reconciliation statement.
Students preparing for assessment in Unit 3 Preparing Ledger Balances and Initial Trial Balance need to develop competence in preparing a bank reconciliation statement. In element 3.1, performance criteria C and D read ‘Compare individual items on the bank statement and in the cash book for accuracy’ and ‘Identify discrepancies and prepare a bank reconciliation statement...

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at [email protected] for more information or call +44 (0) 208 950 9117.

Top