Excel Accounting 5–Bank Reconciliations-Month 1 & 2
Learn how to put together a bank reconciliation using Excel from a Certified Public Accountant (CPA)What you'll learn
- Explain why the bank reconciliation process is important
- Describe the bank reconciliation process
- Complete a bank reconciliation process after the first month of operations, explaining the problems often faced during the first bank reconciliation
- Complete a bank reconciliation after the second month of operations, explaining how the outstanding items in the first month will be included
- Define outstanding checks and how they are shown on the bank reconciliation
- Define outstanding deposits and how the are shown on the bank reconciliation
