Horngren's Financial & Managerial Accounting, The Managerial Chapters, Student Value Edition (6th Edition)
Horngren's Financial & Managerial Accounting, The Managerial Chapters, Student Value Edition (6th Edition)
6th Edition
ISBN: 9780134491844
Author: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
Publisher: PEARSON
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Chapter 7, Problem 7.10SE
To determine

Bank Reconciliation Statement: The Company maintains its own records from its perspective and they are different from bank perspective. This is why the cash balance per bank and cash balance per books seldom agree. Bank reconciliation is the statement prepared by company to remove the differences and disagreement between cash balance per bank and cash balance per books.

To journalize: Company’s transactions that arise from the bank reconciliation.

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Horngren's Financial & Managerial Accounting, The Managerial Chapters, Student Value Edition (6th Edition)

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