Bank reconciliation: Difference between revisions
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A quantified explanation of the difference between: | A quantified explanation of the difference between: | ||
#A bank account balance in the customer's accounting records; and | |||
#The bank statement balance. | |||
Revision as of 10:33, 11 May 2016
Accounting.
A quantified explanation of the difference between:
- A bank account balance in the customer's accounting records; and
- The bank statement balance.
Sometimes abbreviated to 'bank rec'.
