My Cart ()

 
Testimonials
Here's what subscribers have to say about
ESS BIZTOOLS:-

Andrew Geddes
Date: Apr 19, 2010


' ESS BIZTOOLS is a great resource for accountants to use with their SME clients. You would spend a lot of time trying to create this material ... ESS BIZTOOLS makes it easy!' 
 
News Alert


Bookkeeping Systems


Bank Reconciliation Statement Exercises
Paper 002-061

This paper presents two Bank Reconciliation Exercises. Material supplied includes:

  • drafts of a cash receipt book
  • cash payments book; and
  • a format for the preparation of a bank reconciliation

The answers to the two bank reconciliation questions are also provided.

The preparation of a bank reconciliation is an essential task to be undertaken by the person responsible for the bookkeeping function in a small/medium enterprise. This paper will assist that person to fully understand the bank reconciliation process.