ReconciledrillThe bank collected a note
A bank reconciliation exercise from Reconciledrill. Solve it with a bank statement and cash book side by side in your browser, and it is checked the moment you submit.
The task
Classify every line on the bank statement and in the cash book, then enter the adjusted bank and book balances.
What this exercise teaches
Collections by the bank increase cash the company has not recorded yet; the collection fee reduces it.
A hint if you get stuck
The bank collected money on the company's behalf and charged for it.
This exercise is part of Pro
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