FINANCIAL+MANAGERIAL ACCT CONNECT ACC
FINANCIAL+MANAGERIAL ACCT CONNECT ACC
9th Edition
ISBN: 9781266806414
Author: Wild
Publisher: MCG CUSTOM
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Chapter 6, Problem 14E
To determine

Bank reconciliation:

A process of comparing and ascertaining differences between bank balance shown in the bank statement and bank balance appearing in the books of account is known as bank reconciliation.

Bank reconciliation is required when difference between bank balance and book balance arises.

To prepare: Bank reconciliation statement of W Company as at May 31 2017.

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