In an interview, I was asked "Why a bank reconciliation is made? Now Don't answer to reconcile bank balances with company's." Your answer?

Question added by Muhammad Khalil , Founder , ULTRACARS
Date Posted: 2016/04/04

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by Ali Al Ayesh , Senior Accountant , AES Arabia LTD

Performing a bank reconciliation results in improved internal control over the company's cash.

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