A ________ is a document explaining the reasons for the difference between a depositor's Cash account in the ledger and the depositor's cash balance in its bank account. A. bank statement B. deposit receipt C. remittance advice D. bank reconciliation

Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The purpose is to correlate those two statements to allow the company to work smoothly.

There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not fit. We change the transactions accordingly to fit certain statements

A​ ________ is a document explaining the reasons for the difference between a​ depositor's Cash account in the ledger and the​ depositor's cash balance in its bank account. A. bank statement B. deposit receipt C. remittance advice D. bank reconciliation

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A ________ is a document explaining the reasons for the difference between a depositor's Cash account in the ledger and the depositor's cash balance in its bank account. A. bank statement B. deposit receipt C. remittance advice D. bank reconciliation