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Why was it sometimes difficult to balance a checking account to a statement?

User Harun
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1 Answer

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Because sometimes the check written after the statement closing dates.

Lets say a company do a closing statement on December 26.

A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26
User Ackushiw
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