CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What are the three methods of bank reconciliation?


Open in App
Solution

The three methods of a bank reconciliation are:

  1. Comparing the statements
  2. Adjusting the balances
  3. Recording the reconciliation

Also read:

Learn about more questions and answers on business studies and various other commerce topics from our website.


flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Bank Reconciliation Part 2
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon