lo 4 the document that explains all differences between a companys cash records and the banks figures is…

lo 4 the document that explains all differences between a companys cash records and the banks figures is called a(n) ____________

lo 4 the document that explains all differences between a companys cash records and the banks figures is called a(n) ____________

Answer

Brief Explanations:

A bank - reconciliation statement is prepared to explain the differences between a company's cash records (cash - book) and the bank's records (bank statement). An electronic fund transfer is a method of moving money, a bank statement is a document from the bank showing transactions, and a bank collection is when the bank collects funds on behalf of the company.

Answer:

bank reconciliation