Final DiscussionPart 1: Bank ReconciliationsEach week, you are very careful to record each business...Final...

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Accounting

Final Discussion
Part 1: Bank Reconciliations
Each week, you are very careful to record each businesstransaction carefully and accurately. You are quite sure you haverecorded everything correctly, so why would you need to do a bankreconciliation? In your post, share with your classmates whatbenefits a bank reconciliation provides and how often you feel areconciliation should be performed at your restaurant.
Part 2: Applying What You Learned
As the course draws to a close, review the progress you havemade. Now that you have a better understanding of the accountingcycle and the role accounting plays in helping an organization besuccessful, how do you feel about accounting? In your post, sharewith your classmates how you can apply what you have learned inthis course to improve the performance of the organization whereyou work, or perhaps your own business now or in the future.

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A bank reconciliation statement is a statement that reconciles that is tallies the banking tranactions with that of the financial records that is the books of accounts and adjusts for the missing transctions or erros in the bank book as per the financial records It aids in See Answer

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In: AccountingFinal DiscussionPart 1: Bank ReconciliationsEach week, you are very careful to record each business...Final DiscussionPart 1: Bank ReconciliationsEach week, you are very careful to record each businesstransaction carefully and accurately. You are quite sure you haverecorded everything correctly, so why would you need to do a bankreconciliation? In your post, share with your classmates whatbenefits a bank reconciliation provides and how often you feel areconciliation should be performed at your restaurant.Part 2: Applying What You LearnedAs the course draws to a close, review the progress you havemade. Now that you have a better understanding of the accountingcycle and the role accounting plays in helping an organization besuccessful, how do you feel about accounting? In your post, sharewith your classmates how you can apply what you have learned inthis course to improve the performance of the organization whereyou work, or perhaps your own business now or in the future.