After cashbook, we proceed with bank reconciliation. During my lecture, I have explained in detail why we need to do this activity every month at the end of the month. You should also understand some banking terms such as cheque issued, cleared, unpresented, uncredited, interest, standing order, bank charges, bank transfer, GIRO etc. Those terms not only be appearing in your exam but you will be experiencing when you possess a checking account. Worst, if you are handling an account department, then it will be part of your life. Not only managing your cashbook, you will also managing your company's cashflow.
and here is another..
See? How simple it is...
As usual...
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