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Question
question 9 of 20
when reconciling your bank statement with your checkbook, what should you do first?
a. compare deposits
b. compare checks and withdrawals
c. compare balances
d. compare dates
Brief Explanations
Bank reconciliation starts with matching the ending balance listed on the bank statement to the balance recorded in your checkbook. This initial comparison establishes the starting point to identify and resolve subsequent discrepancies related to deposits, withdrawals, or timing differences.
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C. Compare balances