Account Reconciliation - Search Videos

How To Reconcile a Subledger

YouTubeAccounting Stuff

How To Reconcile a Subledger

How do you reconcile a Subledger? When you reconcile a Subledger (aka. Subsidiary Ledger), you compare it with its Control Account in the General Ledger to make sure the two balances agree. In this video, I walk through a simple Accounts Payable example using Silph Co. You'll see how a $30,000 difference appears when a transaction is posted ...

53 views1 week ago

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Reconciliation Examples

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Bank Reconciliation Quiz: 20 Questions for Beginners How well do you know Bank Reconciliations? Let’s find out. In this video, I’ve put together 20 multiple-choice questions to test your understanding of bank recs. We'll start with the basics, then the questions will gradually getting more challenging. We’ll cover matched transactions, reconciling items, timing differences, omissions and journal entries. #accounting #quiz #bankreconciliation #bankrec #accountingstuff #accounting101 #learnaccount

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