Business

Lucille Shelton

21 February, 04:19

What is the major purpose of a bank reconciliation statement?

A.

to identify the expenditure pattern in order to compare with others

B.

to identify the total tax exemptions acquired over a period of time

C.

to locate discrepancies between bank records and personal records

D.

to locate fixed and variable expenses over a monthly cycle

E.

to make allocation for various investments from the accumulated savings

+3

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