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What is the purpose of a bank reconciliation

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Reference no: EM131173371

What is the purpose of a bank reconciliation? What are the reasons for differences between the cash reported in the accounting records, and the cash balance in the bank statements?

Reference no: EM131173371

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What is the purpose of a bank reconciliation : What is the purpose of a bank reconciliation? What are the reasons for differences between the cash reported in the accounting records, and the cash balance in the bank statements?
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