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What is a bank reconciliation

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Reference no: EM132677858

Question 1: What is a Bank Reconciliation?Which account is the main focus of a bank reconciliation? Why?

Question 2: What is the purpose of preparing a bank reconciliation?

Question 3: Explain the importance of monthly bank reconciliations.

Question 4: Provide 2 examples in which a business must make journal entries during a bank reconciliation.

Reference no: EM132677858

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