A bank reconciliation is the process of matching the balances in an entity's accounting records...
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Accounting
A bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
Required: a) Clearly Discuss the reason of discrepancy between the cash book balance and the bank statement balance (exactly 350 words)
b) Clearly Summarize the process of reconcile a bank statement (exactly 350 words)
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