Accountancy, asked by thackermanthan125, 3 months ago

what in bank reconciliation ?​

Answers

Answered by Anonymous
21

Explanation:

A bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement. ... A bank reconciliation should be completed at regular intervals for all bank accounts, to ensure that a company's cash records are correct.

Answered by Sanvi1311
19

Answer:

A bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement. ... A bank reconciliation should be completed at regular intervals for all bank accounts, to ensure that a company's cash records are correct.

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