Accounting Manager Question:
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What are things will not be included in bank reconciliation statement?
Answer:
In a bank reconciliation statement, following thing can be excluded.
☛ Direct payments made by bank not entered in Cash book
☛ Cheques deposited but not cleared
☛ Cheques dishonoured not recorded in cash book
☛ Wrong debits given by bank
☛ Bank Charges or Interst debited by bank
☛ Banks direct payment not entered in Cash book
☛ Direct payments made by bank not entered in Cash book
☛ Cheques deposited but not cleared
☛ Cheques dishonoured not recorded in cash book
☛ Wrong debits given by bank
☛ Bank Charges or Interst debited by bank
☛ Banks direct payment not entered in Cash book
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