This is completed by considering all the transactions that have occurred until the date previous the day on which the bank reconciliation statement is ready. Hence, it must be deducted from the bank’s closing cash steadiness on your account. To undertake such a course of, you should be positive that the cash e-book is full. Further, ensure that the bank’s statement for the current month has additionally been obtained from the bank. Checks introduced however not cleared is a reconciling item…