Question: In your initial post, you will need to include the following: 1. What is a Bank Reconciliation? 2. What is the purpose of preparing a
In your initial post, you will need to include the following: 1. What is a Bank Reconciliation? 2. What is the purpose of preparing a bank reconciliation? 3. Which account is the main focus of a bank reconciliation? Why? 4. Explain the importance of monthly bank reconciliations. 5. Provide 2 examples in which a business must make journal entries during a bank reconciliation. Reply to a Classmate
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