@ojongtabi6: Why is money received credited on a bank statement when accounting students are taught that money coming into the business is a debit? In this real-life job interview scenario, we break down the difference between the bank statement and cash book, explain the bank’s perspective vs the company’s perspective, and show why the same transaction appears on opposite sides. A must-know concept for accounting students, bookkeeping, bank reconciliation and double-entry accounting. #Bookkeeping #Accounting #Accountancy #Accountingstudent #Accountancystudent