Question

multiple choice question balancing the companys checkbook with the banks books is referred to as ______. withdrawing reconciling depositing

Explanation:

Balancing a company's checkbook against the bank's records is the specific process of verifying and aligning the two sets of financial records, which is defined as reconciling. Withdrawing refers to taking funds out, and depositing refers to adding funds, neither of which describes this matching process.

Answer:

O reconciling