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bank reconciliation, Accounting Basics
hello, i am in Malaysia and try to reconcile a bank statement in USD.
I am confuse on which currency should i follow to enter the bank transactions.
If follow in USD, i could not taly my double entries, which i have to show the expenses in MYR (Malaysia Ringgit)
If follow in MYR, then i could not reconcile the bank, which the bank balance at the end of the month does not tally with the USD.
Posted Date: 12/20/2012 1:43:24 AM | Location : Malaysia
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