The document that identifies and explains all differences between the companys record of cash and the banks

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The document that identifies and explains all differences between the company’s record of cash and the bank’s record of that cash is the

a. bank reconciliation.

b. bank collection.

C. bank statement.

d. electronic fund transfer.

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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Question Posted: May 11, 2024 11:03 PM

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The document that identifies and explains all differences between the companys record of cash and the banks

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The correct answer is a bank reconciliation A bank reconciliation is a document or process that iden...View the full answer

Financial Accounting

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