Excel Accounting 5–Bank Reconciliations-Month 1 & 2

Excel Accounting 5–Bank Reconciliations-Month 1 & 2

What you’ll learn

  • Explain why the bank reconciliation process is important
  • Describe the bank reconciliation process
  • Complete a bank reconciliation process after the first month of operations, explaining the problems often faced during the first bank reconciliation
  • Complete a bank reconciliation after the second month of operations, explaining how the outstanding items in the first month will be included
  • Define outstanding checks and how they are shown on the bank reconciliation
  • Define outstanding deposits and how the are shown on the bank reconciliation
Deal Score0
External links may contain affiliate links, meaning we get a commission if you decide to make a purchase