Question: Question 2 7 1 pts Why do you need to perform account reconciliations? To compare the balances of the asset accounts with the liability accounts

Question 27
1 pts
Why do you need to perform account reconciliations?
To compare the balances of the asset accounts with the liability accounts
To identify errors that can originate from the data entry or from the bank
To compare the total of the outstanding invoices with the balance of the control account
To identify discrepancies between two bank accounts
Question 2 7 1 pts Why do you need to perform

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