Bank Reconciliation Statement 1 | Principles of Accounting 1| XI Accounting | BBA BS Accounting ||

In this video lecture, students will be able to learn, 1. The Concept of bank reconciliation statement. 2. List of errors, misunderstandings, timing differences that cause difference b/w cashbook and bank statement. 3. Preparation of bank reconciliation statement. 4. Understanding Debit / Credit activities b/w bank statement and cashbook. 5. The concept of bank overdraft. 6. The concept of human error and its ratification in bank reconciliation statements. 7. How to record adjusting general entries which update our cashbook entries. #Bank_Reconciliation_Statement #Unpresented_Cheques #Uncleared_Cheques