please answer each question A substantive response should be a minimum of 3-6 well-structured sentences

Unit 5 DQ1: Internal Controls and Bank Reconciliations 15 pts What is bank reconciliation and what are some examples of timing differences between the book side and the bank side of the reconciliation? Why is it important for a company to periodically reconcile its bank accounts? (15 Points) Unit 5 DQ2: Accounting for Receivables- The Allowance Method for Uncollectible Accounts 15 pts In making the adjusting entry for uncollectible accounts, a company may use the percent of sales method or the percent of receivables method. Briefly describe each method and explain which method you would prefer to use and why? (15 Points) 15 pts What are plant assets and how does a business measure the cost of a plant asset? Discuss some of the individual costs that may be included in the overall cost of a plant asset. (15 Points) Unit 6 DQ2: Depreciation Methods 15 pts Contrast the three depreciation methods discussed in this unit. Which depreciation method is best to use? (15 Points)