Bank Reconciliation adjustments ( Extended Trail Balance ) and cashbook
bristoleno17
Registered Posts: 8
Hello sorry i have the last question
what steps i need to follow to do bank statement and cash book why sometimes is negative and other times is positive.
thanks so much @PeterC yesterday i understood everything that you help me!
i really appreciate
what steps i need to follow to do bank statement and cash book why sometimes is negative and other times is positive.
thanks so much @PeterC yesterday i understood everything that you help me!
i really appreciate
0
Comments
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It's not clear what the problem is. The red figures are correct, so I guess you need them explaining,
First, correct the cashbook for items on the bank statement but not in the cashbook
4,814 Dr Opening balance
4,348 Cr BACS payment
400 Cr Missing amount from direct debit (844-444)
284 Cr Bank charge
218 Cr c/d
Then reconcile, using the items in the cashbook, not yet on the bank statement
(3,860) Bank balance as per statement (overdraft)
2,174 Lodgements not on statement
1,468 Remittance not on statement
(218) Balance as per cashbook0
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