Overview
Explaining the following -Dishonoured cheque -Uncredited cheque -Unpresented cheque -Commission/Interest -Standing Order -Direct payment. Interpreting bank statement Adjusting the cashbook. Reconciling cash balance with bank balance.
What you'll learn
- Differentiate the types of bank documents.
- Terminologies used in bank reconciliation.
- Interpretation of bank statement.
- Adjustment of cash book.
- Bank Reconciliation.