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    College Accounting Study Set 2
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    Exam 6: Banking Procedure and Control of Cash
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    List the Various Steps and Procedures Included in the Bank
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List the Various Steps and Procedures Included in the Bank

Question 8

Question 8

Essay

List the various steps and procedures included in the bank reconciliation process.
What are the advantages in preparing a monthly bank reconciliation?

Correct Answer:

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1. Prepare a list of deposits in transit...

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