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In preparing bank reconciliations we start in company monthly records ending balance a. TRUE b. FALSE The process of verifying that the entries in a

In preparing bank reconciliations we start in company monthly records ending balance

a.

TRUE

b.

FALSE

The process of verifying that the entries in a firm's cash journals are the same as those recorded by the firm's bank on the bank statement, this is called?

a.

Bank Statement

b.

Bank Reconciliation

c.

bank overdraft

d.

Cash settlement

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