Bank reconciliation is one of the components of the internal control system of an organization.
Option B is the correct answer.
<h3>What is internal control?</h3>
Internal control is applied to identify the accuracy and fairness of the accounting information being reported in the accounting records.
The bank reconciliation is a statement prepared to figure out whether the balances of the company's cash account are matched with the bank statement or not. If it is not matched, then what are the differences that lead to the non-matching of both the records.
Therefore, the internal control system of an entity comprises one of its processes called bank reconciliation.
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Answer:
the money owed then is 39000
Answer:
$150,450
Explanation:
With regards to the above, her assets are: checking account, savings account, Home, furniture and appliances, laptop, mutual fund, car and retirement account.
= $750 + $1,900 + $91,000 + $11,000 + $3,300 + $5,500 + $37,000
= $150,450
Therefore, the total value of her asset is $150,450
The australian stock market has the same opening time as the tokyo and korea stock exhange.
Austrlian stock market opened on 10 a.m on it's local time while both tokyo and Korea stock exchange open on 9.30 am on it's local time.
But, if those time are converted into UTC, all of them are in 6 a.m UTC.