After journal entries have been made related to a bank reconciliation,the book balance will be equal to the true cash balance.

Question

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After journal entries related to a bank reconciliation have been made, the book balance (adjusted balance) will be equal to the true cash balance. The purpose of a bank reconciliation is to identify and reconcile any differences between the book balance and the bank balance, so that the company's records accurately reflect its true cash balance. Once all necessary adjustments have been made, the book balance should match the actual cash balance.

After Journal Entries Have Been Made Related to a Bank