fill in the blank question show your understanding of what a bank reconciliation is by completing the…

fill in the blank question show your understanding of what a bank reconciliation is by completing the following sentence. a bank reconciliation is a(n) (entry/charge/report) explaining any differences between the (checking/subsidiary/sales) account balance according to the depositors records and the balance reported on the (income/financial/bank) statement. need help? review these concept resources. read about the concept rate your confidence to submit your answer. high medium low

fill in the blank question show your understanding of what a bank reconciliation is by completing the following sentence. a bank reconciliation is a(n) (entry/charge/report) explaining any differences between the (checking/subsidiary/sales) account balance according to the depositors records and the balance reported on the (income/financial/bank) statement. need help? review these concept resources. read about the concept rate your confidence to submit your answer. high medium low

Answer

Brief Explanations:

A bank - reconciliation is a report that compares the depositor's records of the checking account balance with the balance shown on the bank statement to identify and explain differences.

Answer:

report, checking, bank