Bank Reconciliation | Baamboozle - Baamboozle | The Most Fun Classroom Games!

English 11 Public

bank reconciliation accounting for igcse

Study Slideshow

cheque received which the debtor's bank refuses to pay may occur because the debtor does not have enough money in the bank account

dishonoured cheque/not sufficient fund

documents prepared by a business to explain why the updated bank balance in the cash book doesn't agree with bank statement

bank reconciliation statement

items receive which recorded on the debit side in the cash book but not yet recorded in bank statement

amounts not yet credited/deposit in transit

cheque that have been paid but not yet disbursed by the recipient, how do you reconcile them?

deduct in the bank statement

how to reconcile payment where a person has intructed their bank to pay an amount of money directly into the bank or others

deduct/credit on the bank account of cash book

calculate an equal balance of bank in the cash book and bank statement

$55.000

calculate an equal balance of bank in the cash book and bank statement

$62.000

calculate an equal balance of bank in the cash book and bank statement

$-603

what is the correct update balance?

$92.694

what's the correct update balance between cash book and bank statement?

$-334

Checks that have been issued by the company to creditors but the payments have not yet been processed

outstanding checks