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Purpose of Bank Recon?

Education Community Accounting Purpose of Bank Recon?


This topic contains 1 reply, has 2 voices, and was last updated by  Anele Ndlovu 6 months, 4 weeks ago.

  • Author
  • #371

    Lost Pupil
    • Intermediate Colearner

    Hi everyone,

    The question I have is, “what is the purpose of bank reconciliation” for four marks. I know how to answer some of it but not enough for four marks. How many points do I have to give?

    please help.

  • #676

    Anele Ndlovu
    • Beginner Colearner

    To reconcile an internal document with an external document and identify any discrepancies/errors/fraud.

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