Monthly Financial Statements contain the following information:
• Monthly Activity summary
showing the total of all deposits and disbursements, comparing the General
Ledger Balance to the Bank Balance
• A detailed Accounts Receivable listing
• A Summary Operating Statement, listing the income and expense categories
for the current month and year-to-date, comparing actual to budget, showing
all variances
• Supporting Schedules for the Operating Statement
• Summary Balance sheet
• Balance Sheet details
• Bank Reconciliation
• Photocopy of Bank Account Statement
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