QUESTION IMAGE
Question
- another word meaning to balance your checking account. *
equalize
debit
reconcile
re balance
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.
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C. reconcile