Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
It is not a good idea to reconcile a checking account when the account statement comes because any checks that you sent out before the statement was compiled will not be included in the statement. This will cause you to think you have more more than you actually do.
Answer:
B
Explanation:
The correct answer is:
It is required by the bank that all customers reconcile their account statements and check register.
While reconciling the account is not required by banks, it will help in keeping track of how much money is in the account. It also will help with catching errors in either the check register or the bank statement, and will help keep track of fees the bank is charging.
PLATO GANG :D
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.