Answered

Find accurate and reliable answers to your questions on IDNLearn.com. Ask your questions and receive reliable and comprehensive answers from our dedicated community of professionals.

Drag each label to the correct location on the image.
Match each item to check for while reconciling a bank account with the document to which it relates.

Drag Each Label To The Correct Location On The Image Match Each Item To Check For While Reconciling A Bank Account With The Document To Which It Relates class=

Sagot :

Martebiidn

The matchup are:

Balancing check register has:

  • Interest earned.
  • Deposit in transit.

Balancing statement account has:

  • NFS Fees
  • Bank Error

What is bank reconciliation?

Bank Reconciliation is known to be a process in accounting where firms are said to match their bank statements to their various transactions that are known to be recorded in their general ledger.

A statement of account is known to be one that list all the financial transactions that took place when two or businesses make different transaction over a period of time.

Note that Balancing your checkbook is a way of verifying that the records you have matches with that of the bank's.

Learn more about bank reconciliation  from

https://brainly.com/question/15525383

#SPJ1

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.