Hello everyone ! This is FSZ and I will be providing resources, links and solving few previous paper questions of the unit Princple of Accounting . I would like to express my gratitude to Joon for this briliiant blog !
My first entry topic as you can see is bank reconciliation, this is one of the topics which is tested on the very first question of our examination paper of Principles of Accounting , along with suspense account, control account, etc . Mastering on these topic is crucial.
Bank reconciliation is a relatively easy topic but confusion arises as some questions provide "confusing" entries but nevertheless structuring it "step by step" helps to provide an excellent presentation and correct entries . Here’s a very clear introduction to begin with
Bank Reconciliation Statement
My next entry will consist the " procedure of bank reconciliation" Do look forward to that ...:)
A link of bank reconciliation lecture ...very explanatory :)
Your comments , suggestions , queries are genuinely welcome ~
Thursday, December 4, 2008
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