The title above describes how a company balances its account with their bank statement produced by the bank. They rarely balance however to get them to balance is very simple.
Click on this link to learn more about bank reconciliation:
Click on this link to have a more detailed explanation of a bank reconciliation:
http://blog.accountingcoach.com/bank-reconciliation/
Click on this video to learn how to reconcile bank account with bank statement:
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