Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is an account reconciliatio

Which of the following is an account reconciliation: A. The general ledger detail for the...

60.1K

Verified Solution

Question

Accounting

Which of the following is an account reconciliation:

A. The general ledger detail for the account as of the period end.

B. Verification of a general ledger account balances through comparison of amounts to source documents and/or independent systems, and correcting any discrepancies.

C. A checklist of required steps to correct discrepancies in an account balance.

D. All three of the above are types of account reconciliations.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

7 Find the exponential function f x Cb whose graph is given The graph goes...

Physics
1.2K views

In some video games, spacecraft employ ion drives. Write a report discussing how an ion drive...

Basic Math
1.2K views

The number of hits to a website follows a Poisson process. Hits occur at the rate...

Physics
1.2K views

Which shorter mean life dN dt A C B A C Same for all C...

Physics
1.2K views

The rubber cord of a catapult has cross section area 1 mm and a total...

Physics
1.2K views

8 A Liquid in a cylindrical vessel of radius 0 05 meter is rotated along...

Basic Math
1.2K views

17 Which of the following chemical reactions is a single displacement reaction O A 2Al...

Basic Math
1.2K views

Let f(x) = -8 - 5/x+16Complete the tables below. Round all table values to four...

Accounting
1.2K views

What are the procedures used by auditors to search for the contingent liabilities listed on...

Accounting
1.2K views

Jim corporation is owned by two equal shareholders, C and M. Jim corporation has taxable...

Accounting
1.2K views

Product A has revenue of $194,200, variable cost of goods sold of $114,100, variable selling...

Accounting
1.2K views

If employees are given bonuses for satisfying normal standards, the standards may be very effective...