If I receive a deposit of R30 000, that means it is money received and recorded in the bank account of the general ledger.

If I receive a deposit of R30 000, that means it is money received and recorded in the bank account of the general ledger.

If that deposit did not appear on the bank statement at the end of the month, will it be recorded in the bank reconciliation statement? Or should it first be recorded in the cash receipts journals? I tend to think that it is a reconciling item in the bank reconciliation statement. Any input will be appreciated. Thank you.

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