Answer:
<em>Bank reconciliation is a statement carried out by a company to know the difference between cash balance per book and cash balance per bank.</em>
<em>A journal is needed by a company to keep day to day updates of records.</em>
Explanation:
<em>Banks prepares statement of account. the Borden company has updates its own records from their end. most times times the balance of cash per bank and per book rarely work well or agree.</em>
<em>Bank reconciliation is a statement that is prepared by a company to know the disagreement and dissimilarity of cash balance per book and cash balance per bank</em>
<em>A record journal entry must be made by the company to have a good update of their records.</em>
<em>An example of a journal is shown below</em>
<em>Date, Account and explanation, post reference, Debit($), Credit ($)</em>
A. credit transaction
Your bank would pay the bill then either charge you for using their money or remove it from your "checking account" depends on the way you have it set up
Answer:
The answer is Application Programming Interface (API)
Explanation:
API is a virtual portal that allows tokenized set of data to be transmitted among many parties. By tokenize data and transmit through APIs, parties can get the required data quicker and more secured. In the example, computerized documents can be transmitted among supply chain members to signal that products and materials need to be pulled.
