Suriin ang IDNStudy.com para sa mabilis at maaasahang mga solusyon. Sumali sa aming platform ng tanong at sagot upang makakuha ng eksaktong tugon sa lahat ng iyong mahahalagang tanong.

how do we compute for ending outstanding check? ​

Sagot :

In the bank reconciliation process, the total amount of outstanding checks is subtracted from the ending balance on the bank statement when computing the adjusted balance per bank. (No adjustment is needed to the company's general ledger accounts, since the outstanding checks were recorded when they were issued.)