Question: Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use handwriting, Use your keyboard. Q1. Discuss in your words

Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use handwriting, Use your keyboard.

Q1. Discuss in your words the purpose of a bank reconciliation. (1 point)

Q2. Prepare general journal entries for the following transactions of this company for the current year: (2 points).

Apr. 25

Sold SAR 4,500 of merchandise to CBC Corp., receiving a 10%, 60-day, SAR 4,500 note receivable.

June 24

The note of CBC Corp., received on April 25 was dishonored.

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