Bank Reconciliation Statement | How to prepare a Bank Reconciliation Statement | Commerce Specialist

This video from Commerce Specialist explains What is Bank Reconciliation Statement, How to prepare Bank Reconciliation Statement, Why Cash Bank Reconciliation statement is prepared, What are Unpresented Cheques, What are Outstanding Cheques, What are Uncleared Cheques, What are Uncredited Cheques, what are Direct Deposits, What are Late Deposits, What are Bank Service charges, What are recording Errors, What are standing orders and why it is necessary to prepare Bank Reconciliation Statement.

This video also explains how to read a Bank Statement, How to match Cash Book Transactions with Bank Statement and How to prepare Bank Reconciliation Statement using Cash Book and Bank Statement.

This video is very useful for students of ACCA, CA, CPA, CIA, CMA, CIMA, MBA and B.Com, A & O Levels.

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