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Your friend Lewis Gallen does not understand why he needs to complete a bank reconciliation of his checking account each month. He thinks as long
Your friend Lewis Gallen does not understand why he needs to complete a bank reconciliation of his checking account each month. He thinks as long as he has money in the bank the detailed reconciliation each month is just too tedious. Discussion Topic: Explain to Lewis why you believe it is important to reconcile the checking account each month. A thorough and substantive response would include all of the following: 1. An explanation of the purpose of a bank reconciliation 2. At least 3 examples of items that might cause the bank balance and the QuickBooks balance to be different 3. Provide Lewis your personal experience using the bank reconciliation tool in QuickBooks
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