What are 3 important reasons to reconcile bank and credit card accounts at set dates?

Question

asked Oct 13, 2021 217k views

1 Answer

Pwnosaurus · Answer 1 · 2021-10-17T18:15:22+0000

Answer:

To verify transactions have the correct date assigned to them.

To verify that an account balance is within its credit limit.

To verify that all transactions have been recorded for the period.

Step-by-step explanation: