Using the following information, prepare a bank reconciliation.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using the following information, prepare a bank reconciliation.
Transcribed Image Text:Using the following information, prepare a bank reconciliation.
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Bank reconciliation

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Bank reconciliation is the method of balancing or equalizing the bank account balance in the organizations books to the bank statements. This is done by correcting and rectifying the visible differences.

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