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词汇 bank reconciliation
释义

Definition of bank reconciliation in English:

bank reconciliation

noun
Accounting
  • The action or practice of compiling a document which sets the financial transactions of a business over a certain period of time against the transactions noted on its bank statement over the same period, and details and explains any discrepancies; frequently attributive, especially in "bank reconciliation statement".

Origin

Late 19th century; earliest use found in Accountants' Manual.

Definition of bank reconciliation in US English:

bank reconciliation

noun
Accounting
  • The action or practice of compiling a document which sets the financial transactions of a business over a certain period of time against the transactions noted on its bank statement over the same period, and details and explains any discrepancies; frequently attributive, especially in "bank reconciliation statement".

Origin

Late 19th century; earliest use found in Accountants' Manual.

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