Posts tagged Bank Reconciliation

Accounting is classified by underlying business processes, called “accounting cycles”. These processes include revenue and receipts, purchases and payments, payroll, fixed assets, financing, and general …

Bank reconciliations are prepared by bank depositors when they receive their monthly bank statements.  The reconciliation is made to determine any required adjustments to the …

This post contains a list of the journal entries that most used by accountant and is likely to deal with. There are a plethora of possible …

Every cashier tries to keep the cash book as accurate and up-to-date as possible. Many receipts and many payments may have to be entered up …

This “Bank Reconciliation Procedure” may help those who is an accounts payable clerk to compare his or her internal cash records to those of the …