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When the area under from
to
is approximated, the formulas for the sum of n rectangles using left-hand endpoints and right-hand endpoints are:
Left-hand endpoints:
Right-hand endpoints:
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Bank Reconciliation
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
Balance Per Books
The ending balance of an account as recorded in the financial records of a company or individual.
Bank Reconciliation
The process of matching and comparing figures from accounting records against those shown on a bank statement.
Balance Per Books
The amount shown in a company's accounting records, as opposed to the actual or adjusted balance that may be shown in a bank statement or other external source.
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