Accounting Bank Reconciliation
Skills Test

Let's see if you've got your ducks in a row regarding Bank Reconciliations.

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The schedule called a Bank Reconciliation is needed because of timing differences. The Bank may have posted entries as of a cut-off date that are not recorded in the General Ledger Cash Account (Books) and vice versa the General Ledger Cash Account may have posted entries that the bank is unaware of.

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