When Reconciling A Bank Account, Where Does The Value Of The “begin

1.	When Reconciling A Bank Account, Where Does The Value Of The “beginning Balance” Come From? Where Does The “ending Balance” Come From?
Answer» Beginning balance COMES from BANK statement and it is also last month’s reconciled balance. The ending balance comes from bank statement, and equals the total AMOUNT of cleared transactions. Beginning balance comes from bank statement and it is also last month’s reconciled balance. The ending balance comes from bank statement, and equals the total amount of cleared transactions.

When Reconciling A Bank Account, Where Does The Value Of The “beginning Balance” Come From? Where Does The “ending Balance” Come From?

Answer»

Beginning balance COMES from BANK statement and it is also last month’s reconciled balance. The ending balance comes from bank statement, and equals the total AMOUNT of cleared transactions.

Beginning balance comes from bank statement and it is also last month’s reconciled balance. The ending balance comes from bank statement, and equals the total amount of cleared transactions.

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When Reconciling A Bank Account, Where Does The Value Of The “beginning Balance” Come From? Where Does The “ending Balance” Come From?

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