LearningCat: Components of Bank Reconciliation

Adjusting Entries in Bank Reconciliation
While handling finances, matching the internal records with the bank’s records is necessary, and businesses are required to take important steps. Bank reconciliation plays a huge part for the sake of maintaining financial exactness and accountability. Adjusting entries plays a noteworthy role mostly for businesses functioning in India because of the specific financial regulations and […]
All you need to know about Bank Statements in India
Bank Statement is an important documentation tool in personal finance where the account holder is able to monitor their transactions, prepare his/her budget and also justify his/her financial activities in case of any doubt. Bank statements are necessary documents for any individual who deals with money on behalf of him/her or a business entity. What […]
Cash Book
Business use to rely upon the tool that is used to record all cash transactions, and its name is Cashbook. It operates as both a journal and a ledger for cash inflows and outflows, providing a transparent, well-structured view of the company’s cash situation. To ensure accuracy in cash regulation and financial monitoring, different types […]