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7. another word meaning to balance your checking account. * equalize de…

Question

  1. another word meaning to balance your checking account. *

equalize
debit
reconcile
re balance

Explanation:

Brief Explanations
  • "Equalize" means to make equal, not specifically related to checking - account balance in the financial - accounting sense.
  • "Debit" refers to an entry on the left side of an account in double - entry bookkeeping, not about balancing an account.
  • "Reconcile" is the process of comparing and adjusting the records in a checking account (such as the checkbook balance) with the bank statement balance to ensure they match. This is exactly what is meant by balancing a checking account.
  • "Rebalance" is a more general term and not the specific term used in accounting for the process of balancing a checking account.

Answer:

C. reconcile