The Atomic theory model which explains that electrons in an atom revolve round quantized energy levels is attributed to
The Atomic theory model which explains that electrons in an atom revolve round quantized energy levels is attributed to
Explanation
Bank reconciliation matches the cash book balance with bank statement balance. Differences occur due to timing differences and items known to only one party.
Common differences: outstanding checks (issued but not yet cashed), deposits in transit (recorded but not yet cleared), bank charges (on statement, not yet in books), direct debits/credits.
Process: start with one balance, add/subtract items to arrive at the other. This ensures cash records are accurate and identifies errors or unauthorized transactions promptly.