What is the adjusted balance on the bank reconciliation? (See image of additional info)

Q: Explain the steps of bank reconciliation in Accounting.

A: A statement that is prepared to identify the reasons for the difference and to reconcile the…

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Q: what are the two most differences between the bank side and the book side of a bank reconciliation?

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Q: What is meant by Bank Reconciliation? Who made it and when was it made?

A: Hey, Since there are multiple questions posted, we will answer first question. If you want any…

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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.