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  2. Reconciliation (accounting) - Wikipedia

    en.wikipedia.org/wiki/Reconciliation_(Accounting)

    An account reconciliation may be prepared on a daily, monthly, or annual basis.” [2] The generally accepted accounting principles (GAAP) are a set of accounting principles, procedures and standards that organisations use in order to compile their financial statements. GAAP states that the purpose of account reconciliation is to provide ...

  3. Double-entry bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Double-entry_bookkeeping

    Nominal accounts are accounts relating to revenue, expenses, gains, and losses. Transactions are entered in the books of accounts by applying the following golden rules of accounting: Real account: Debit what comes in and credit what goes out. Personal account: Debit the receiver and credit the giver.

  4. General ledger - Wikipedia

    en.wikipedia.org/wiki/General_ledger

    The general ledger should include the date, description and balance or total amount for each account. Because each bookkeeping entry debits one account and credits another account in an equal amount, the double-entry bookkeeping system helps ensure that the general ledger is always in balance, thus maintaining the accounting equation:

  5. What is a bank reconciliation statement? - AOL

    www.aol.com/finance/bank-reconciliation...

    Bottom line. A bank reconciliation statement is important in managing your busines finances.This document can help ensure that your bank account has a sufficient balance to cover company expenses.

  6. Credit card reconciliation: How business owners can ... - AOL

    www.aol.com/finance/credit-card-reconciliation...

    Ramp dives into credit card reconciliation and provides steps to help businesses set up efficient, accurate systems. Credit card reconciliation: How business owners can eliminate inflated costs ...

  7. QuickBooks - Wikipedia

    en.wikipedia.org/wiki/QuickBooks

    QuickBooks is an accounting software package developed and marketed by Intuit.First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

  8. Testing forgotten rape kits could free the innocent. Here’s ...

    www.aol.com/testing-forgotten-rape-kits-could...

    The agencies didn’t test backlogged kits in cases with a previous confession, guilty plea or conviction, or if the suspect’s DNA already was in the national database.

  9. Bank reconciliation - Wikipedia

    en.wikipedia.org/wiki/Bank_reconciliation

    In bookkeeping, a bank reconciliation or Bank Reconciliation Statement (BRS) is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in the most recent bank statement. Any difference between the two figures needs to be examined and, if appropriate ...