A client who is an owner/operator of a small convenience store has come to you for advice on how to prepare a bank reconciliation. She has read somewhere that there are definite benefits to preparing a bank reconciliation every month, but she is not sure how doing so will help her.
Instructions
Provide your client with a summary of how to prepare a bank reconciliation. Explain how preparing monthly bank reconciliations can provide important control procedures for her business.

Question

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The Answer of A client who is an owner/operator of a small convenience store has come to you for advice on how to prepare a bank reconciliation. She has read somewhere that there are definite benefits to preparing a bank reconciliation every month, but she is not sure how doing so will help her.
Instructions
Provide your client with a summary of how to prepare a bank reconciliation. Explain how preparing monthly bank reconciliations can provide important control procedures for her business.

A Client Who Is an Owner/operator of a Small Convenience