Question: 1 . Explain that items in the second section of the reconciliation statement require entries in the firm s financial records. 2 . Explain the

1. Explain that items in the second section of the reconciliation statement require entries in the firms financial records. 2.Explain the entry to record an NSF 3. Explain the entry to record bank fees. 4. Please define accrue, how certain events in daily life represent accrued expenses?

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