Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 9 - No. 8)

1.9. What is the difference between using the 'balance on the bank statement' method and the 'balance on the updated cash book' method when preparing a bank reconciliation statement?

The order of the steps

The items that are adjusted for

The final balance that is calculated

All of the above

Explanation

All the mentioned points are differences between the two methods.

Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 9 - No. 8)

Explanation

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