Question

What is a bank statement
Why is it important to reconcile your bank statement total with your total in your check register?

Answer 1

Respuesta:

1. The bank statement is a document that the holder of a current account can request or receive periodically, which includes the available balance of the account and the movements that have been made during the last month.
2. This importance lies in the fact that cash is the means by which goods or services are obtained, useful for the general objective of a company and which is generally managed by holding it in bank accounts