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Explain the three forms of bank reconciliation

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Reference no: EM132916359

Questions -

Q1. Explain the three kinds of bank deposits.

Q2. What is a bank reconciliation?

Q3. What is a bank statement?

Q4. What are credit memos?

Q5. What are debit memos?

Q6. What are deposits in transit?

Q7. What are outstanding checks?

Q8. Define a certified check.

Q9. What is the treatment of certified check for bank reconciliation purposes?

Q10. Explain the three forms of bank reconciliation.

Reference no: EM132916359

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