Author Question: The purpose of a bank reconciliation is a. To record monthly adjusting entries b. Update ... (Read 111 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
The purpose of a bank reconciliation is
 a. To record monthly adjusting entries
   b. Update accounting records with unrecorded items
   c. To update the chart of accounts
   d. None of the above

Question 2

All of The following tasks are found in the Banking section of the Home page except
 a. Write Checks
   b. Make deposits
   c. Receive Items
   d. Reconcile accounts
   e. None of the above



manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

b

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library