Either if they are individuals, a partnership or a company, every business needs to keep records of their transactions.
There are several reasons why a business should keep accounting records, for example to support income, expenses and credits declared on your tax retu...
Bank reconciliation is a check and control procedure of the accounting system aimed to verify that the bank balance of the company’s bank statement match and so can be “reconciled” with the balance stated in the company’s accounting records. It is likely that the two b...
