When you are reconciling a bank statement its recommended that you do the following?

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1061194

2026-04-02 15:30

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When reconciling a bank statement, it's recommended to compare the bank's records with your own accounting records, checking for discrepancies in transactions. Ensure that all deposits and withdrawals are accurately recorded and match both sets of records. Identify any outstanding checks or deposits in transit, and adjust your records accordingly. Finally, investigate any discrepancies to resolve them promptly.

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