ACC 308 ACC308 Week 5 DQ 1 Banking Reconciliation and Period End (Ashford)

ACC 308 ACC308 Week 5 DQ 1 Banking Reconciliation and Period End (Ashford)

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ACC 308 Week 5 Discussion 1 Banking Reconciliation and Period End / Accounting Information Systems

Banking Reconciliation and Period End [CLOs: 4, 5]. 1st Post Due by Day 3. Why is it important to reconcile your accounts in a timely manner? What problems may be uncovered through the reconciliation process? Why is it just as important to track and reconcile business credit card accounts? What other accounting actions would you do at period end in QuickBooks? Utilize this week’s lecture to formulate your post. Respond to at least two of your classmates’ posts in a manner that promotes further substantive dialogue. 

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