Profit formats and reporting to the not for profit formats

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Reference no: EM132070780

1. Compare the For Profit formats and reporting to the Not for Profit formats and reporting, what are some of the similarities and differences.

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

(250 words and no plagiarism at all--please)

Reference no: EM132070780

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