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Bank reconciliation The bank collected $12200.00 for unique globe on a note. The face value of the note was $12,000.00 I get that this would
Bank reconciliation The bank collected $12200.00 for unique globe on a note. The face value of the note was $12,000.00 I get that this would be a bank addition of 12200.00 but I do not understand what to do with the 12000.00 the 12200 is 12000 plus interest of 200 so am i suppose to seperate them as 12000 as bank addition and 200 as interest or can i keep them together as 12200 bank addition. I guess it would work out the same way so does it really matter
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