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What is the difference between a social movement and a ritual? Give examples of each.
Bank Reconciliation
Bank reconciliation is the process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement, aiming to identify discrepancies and ensure the accuracy of financial records.
Reconciled Cash Balance
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement, to ensure accuracy.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are consistent.
Bank Service Charge
Fees charged by a bank to a customer for account services provided.
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