Question: need quick answer not explanation One of the steps in preparing a bank reconciliation is: The bad debt expenses for the period are matched with

need quick answer not explanation One of the steps in preparing

need quick answer not explanation

One of the steps in preparing a bank reconciliation is: The bad debt expenses for the period are matched with revenues for that period Estimate bad debt expenses Review the prior month's bank reconciliation for outstanding deposits Compare the items shown on the bank statement with the entries made in the records of the entity

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