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A Bank Reconciliation Explains Any Differences Between the Balance of a Checking

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A bank reconciliation explains any differences between the balance of a checking account on the depositor's records and the balance reported on the bank statement.


Definitions:

Literal Meaning

The explicit or dictionary meaning of a word or phrase, as opposed to inferred or symbolic meanings.

Business Jargon

Specialized terminology or slang used within business environments, often understood only by those within the industry.

Earliest Convenience

Refers to the soonest possible time someone is able to do something, often used in formal requests for meetings or responses.

Request

An act of asking for something to be given or done, especially in a formal or polite manner.

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