The bank section begins with the cash balance according to the bank statement and ends with the adjusted balance.

Name: The bank section begins with the cash balance according to the bank statement and ends with the adjusted balance.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

The bank section of a bank reconciliation starts with the cash balance according to the bank statement and ends with the adjusted balance after accounting for items like outstanding checks and deposits in transit.

The Bank Section Begins with the Cash Balance According to the Bank