Show your understanding of what a bank reconciliation is by completing the following sentence.
A bank reconciliation is a(n) (entry/charge/report) explaining any differences between the (checking/subsidiary/sales) account balance according to the depositor's records and the balance reported on the (income/financial/bank) statement.

The answer is

Report

Checking

Bank Statement

Explanation:

Report

Checking

Bank statement

1. A bank reconciliation is a REPORT. A report comparing the cash balance in ledger with cash balance in bank.

2. It explains any difference between the CHECKING account balance according to the cash balance in the ledger(depositor's record) and the balance reported on the BANK STATEMENT

answer; /// i believe the correct answer to the above question is(200 pounds); /good luck