Question

When Seb reconciles his accounts, what is the first step he should take?

Answer 1

Answer:

When it comes to accounting, managing money, and banking, making sure that the balances of 2 accounts are in agreement and the money spent matches the money that has been taken out is known as "reconciliation";  

Seb is a random exemplar to elucidate reconciliation in accounting; so when he notices a variation between what's in the bank and his records is when he has to review all transactions, including checks and receipts to find any mistake in his records and confirm they are accurate.

Explanation:

Answer 2

He should, confirm his records are accurate and include all transactions.
Good Luck.