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Bank ----------------------- is a report that compares the bank balance with the company's accounting records.
The adjusted bank balance should be equal to .................... Balance :
The following information is related to Batool Company during the month of October 30,2019.The adjusted bank balance is equal to :
The first step in bank reconciliation process is to adjust the balance in the company's cash account.
The adjusted balance per bank and the adjusted balance per cash books amount should be different.
The following information is related to Nadia Company during the month of November 30,2019 then the adjusted cash balance is equal to :
Collections of dividends should be added to the balance per bank statement.
Bank charges should be substracted from cash balance in bank reconciliation statement.
Deposit in transit should be added to bank balance in bank reconciliation statement.
Non sufficient fund should substracted from bank balance in the bank reconciliation statement.