Bank reconciliation is the process of matching cash statement to the corresponding bank statement.The aim is to detect disparities in both balances and make the necessary adjustments.
At the end of the reconciliation process,adjusted cash and bank balances must be equal.Inequlity of these two statement means there are still figures that needs to be adjusted, hence,the accountant should do a thorough investigation to discover the reason for the inequality in both balances
The energy that is changing during a phase change is potential energy. During a phase change, the heat added (PE increases) or released (PE decreases) will allow the molecules to move apart or come together.
Ascribed status is the social status a person is assigned at birth or assumed involuntarily later in life. It is a position that is neither earned nor chosen but assigned.
