Corporate Financial Accounting
Corporate Financial Accounting
14th Edition
ISBN: 9781305887510
Author: WARREN
Publisher: Cengage
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Chapter 7, Problem 7.16EX
To determine

Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own records from its 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.

A.

To identify: The reconciling items.

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