Answer:
Explanation:
Bank Reconciliation: The Bank reconciliation deals with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the organization to run smoothly.
There are specific transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We change the transactions accordingly to match those statements
So, the items are presented below: Bank Balance Company Balance
1. Checks outstanding Subtract No entry
2. NSF checks No entry Subtract
3. Deposit recorded twice by company No entry Subtract
4. Interest earned No entry Add
5. Deposits outstanding Add No entry
6. Bank service fees No entry Subtract
In the united states, loans from financial intermediaries are far more important for corporate finance than are securities markets.
A market is a system, institution, process, social relationship, or infrastructure configuration that parties exchange. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money.
A market is a place where buyers and sellers meet to facilitate the exchange or trade of goods and services. A marketplace can be physical, like a retail store, or virtual, like an e-merchant.
Marketplace, the means by which the exchange of goods and services takes place through contact between buyers and sellers, either directly or through intermediaries or institutions.
Learn more about markets here:brainly.com/question/25309906
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