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Example 1. What is bank reconciliation statement?
Example 2. Explain the importance of Bank Reconciliation Statement and give real examples explaining all possible items that make differences between cash balance in general ledger and bank statement balance.
Example 3. When Cash is presented on a Balance Sheet, what are the details of the Cash A/C? How does a Bank Reconciliation Statement factor into the Cash Balance? Please be specific in your details.
Example 4. A firm’s bank reconciliation statement shows a book balance of $32,740, an NSF check of $1,350, and a service charge of $95. Its adjusted book balance is
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