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Question
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Asked by spandrze14
What are 3 important reasons to reconcile bank and credit card...
What are 3 important reasons to reconcile bank and credit card accounts at set dates?
(Select all that apply)
- To verify transactions have the correct date assigned to them
- To verify that an account balance is within its credit limit
- To verify that all transactions have been recorded for the period
- To verify that previously reconciled transactions have not been changed since the last reconciliation
- To verify that the bank has not lost its connection to QuickBooks Online
Answer & Explanation
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Answered by frimponggodfred430
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