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What are 3 important reasons to reconcile bank and credit card accounts at set dates? (Select all that apply) To verify transactions have the correct

What are 3 important reasons to reconcile bank and credit card accounts at set dates?

(Select all that apply)

  • To verify transactions have the correct date assigned to them
  • To verify that an account balance is within its credit limit
  • To verify that all transactions have been recorded for the period
  • To verify that previously reconciled transactions have not been changed since the last reconciliation
  • To verify that the bank has not lost its connection to QuickBooks Online

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