The following extract from the cash book of John for the month of January shows the company’s bank transactions: RM RM 01 Jan Balance b/f 600 18 Jan Ali 145 13 Jan Uno 224 28 Jan PBA 72 31 Jan Latif 186 30 Jan TNB 109 31 Jan Balance c/f 684

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.