Question: Consider these two statements regarding undeposited funds: 1 - utilizing undeposited funds allows for consolidation multiple payments into a single bank deposit simplifying the process

Consider these two statements regarding undeposited funds:
1- utilizing undeposited funds allows for consolidation multiple payments into a single bank deposit simplifying the process of...
2 when recording customers payments to be deposited into the bank in one lump sum it is essential to ensure that....
Which of the option correctly complete the blanks?
Reconciling your bank register with your bank statement the designated deposit to account is undeposited funds.
Reconciling your bank register with your bank statement the designated deposit to account is checking
Reconciling your expenses with your bank statement the designated deposit to account is uncategorized assets

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