Accounting Quiz or Test Your Accounting Knowledge On Bank Reconciliations

July 26th, 2010 Comments off
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Refresh or test your accounting knowledge on Cost of goods sold,accruals and prepayments:

 QUESTIONS: 1.0  What are the possible explanations for differences between the balance shown on a bank statement and the balance shown by a cash book?—–>> refer article

2.0  Describe the procedure or steps on preparing a bank reconciliation

—->> refer article


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Financial Accounting


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