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QUESTIONS Amankwah Enterprise has been in business for so many years and has developed a very good relationship with its banker as a result of

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QUESTIONS Amankwah Enterprise has been in business for so many years and has developed a very good relationship with its banker as a result of trust and excellent satisfactory services the bank offers. Due to this, the proprietor, Mr Amankwah is of the opinion that preparation of bank reconciliation is waste of time since his banker is honest and has proved that all his business money is safe. As a business advisor, do you agree or disagree with him? (6 marks) b). On 31" December, 2008 Amankwah Enterprise received the monthly bank statement of December, 2008 which contained the following transactions Bank Statement December 2003 DR CR BALANCE

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