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URL:https://www.learndesk.us/class/5445072675930112/lesson/01ceee5bee36316bc38e44a656f81f39?ref=outlook-calendar
SUMMARY:Section 4 : Do it Yourself - BRS when derived balance is negative
DTSTART;TZID=America/Los_Angeles:20260411T190000
DTEND;TZID=America/Los_Angeles:20260411T200000
LOCATION:https://www.learndesk.us/class/5445072675930112/lesson/01ceee5bee36316bc38e44a656f81f39?ref=outlook-calendar
DESCRIPTION: In previous sessions, we had seen examples wherein we had begun our Bank Reconciliation Statement (BRS) with either balance as per cashbook or passbook and calculated balance as per passbook or cashbook respectively.

In all the examples we have seen earlier the balance calculated and derived in BRS was positive. Now we will interpret the case wherein the balance calculated and derived as per BRS is negative.

Let us analyze all the cases:

Case 1: When we start BRS with normal balance as per cash book and calculated balance is negative as per passbook.
Case 2: When we start BRS with an overdraft as per cash book and calculated balance is negative as per the passbook.
Case 3: When we start BRS with Normal credit balance as per passbook and calculated balance is negative as per cash book.
Case 4: When we start BRS with overdraft debit balance as per passbook and calculated balance is negative as per cash book.

So to summarize when the derived balance is negative, It is an overdraft...

https://www.learndesk.us/class/5445072675930112/lesson/01ceee5bee36316bc38e44a656f81f39?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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