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How to Reconcile Statements for a Dormant Company Bank Account?

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Reconciling statements for a dormant company bank account involves reviewing all transactions to confirm that no unexpected activity has occurred. Since a dormant company should not have financial transactions apart from minimal charges like bank fees, the reconciliation process is usually straightforward. Business owners should compare bank statements with company records to ensure t... https://xactaccountants.co.uk/dormant-accounts/

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