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This question relates to bank reconciliations: The bank statement had a favourable balance of R60 000 on 31 March 2021. In which one of the
This question relates to bank reconciliations: The bank statement had a favourable balance of R60 000 on 31 March 2021. In which one of the following will you enter the above balance? Select one: a. In the bank reconciliation statement in the credit column. b. In the bank account in the general ledger on the debit side. c. In the bank reconciliation statement in the debit column. d. In the bank account in the general ledger on the credit side
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