Question
The process of comparing the monthly bank statement with the company's general ledger to ensure that they are consistent with is called a check
The process of comparing the monthly bank statement with the company's general ledger to ensure that they are consistent with is called a
• check reconciliation.
• vendor reconciliation.
• bank reconciliation.
• cash reconciliation.
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The detailed answer for the above question is provided below The answer is bank reconciliation A bank reconciliation is a process that compares the ba...
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
