Bookkeeping – Page 2 – 24991701.labas.stebuklas.lt

Bookkeeping

Bank Reconciliation Statement Importance, Format, Example

Reconciling is the process of comparing the cash activity in your accounting records to the transactions in your bank statement. This process helps you monitor all of the cash inflows and outflows in your bank account. The reconciliation process also helps you identify fraud and other unauthorized cash transactions. A bank reconciliation statement is a …

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