In your own words, explain the basic use of a bank reconciliation and what is a bank

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In your own words, explain the basic use of a bank reconciliation and what is a bank reconciliation trying to achieve. Also, if there is a cheque outstanding for more than 6 months, would you reverse it or leave it as is. give me answer in paragaraph and in 100 words

Posted Date: May 18, 2024 08:04 PM

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In your own words, explain the basic use of a bank reconciliation and what is a bank

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