Discussion Post: Accounting
Describe, in one or two paragraphs (using your own words!), the reasons for doing bank reconciliation. Include an explanation of why the cash balance reported by the bank on a particular day will likely not be the same as the cash balance reported by a company or individual as of that same day.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.