Analyze the two students’ discussion po

Analyze the two students’ discussion po

Analyze the two students’ discussion posts separately in the same manner as this…Let each student know what happens to the discrepancies between the book balance and the bank balance. Could these differences just be written off?
Guided Response:
A bank reconciliation reconciles the bank account balance per the books to the actual bank balance. Outstanding checks, deposits in transit, and bank errors are reasons there are differences between the cash reported in the accounting records and the cash balance in the bank statements.
discussion_2___student_1_to_respond_to.docx
discussion_2___student_2_to_respond_to.docx