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  3. Study Set
    Fundamental Financial Accounting Concepts
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    Exam 6: Internal Control and Accounting for Cash
  5. Question
    The Usual Form for a Bank Reconciliation Begins with the Ending
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The Usual Form for a Bank Reconciliation Begins with the Ending

Question 38

Question 38

True/False

The usual form for a bank reconciliation begins with the ending cash balance shown on the bank statement and reconciles it to the ending cash balance on the company's books.

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