Banking has rapidly evolved and most Americans now review their available bank balances online inste

Banking has rapidly evolved and most Americans now review their available bank balances online instead of reconciling their accounts. However, circumstances are different for a business. In YOUR OWN words, and by providing your own unique examples, name three reasons why it is important for a company's accountant to reconcile its bank account. Remember, your examples should reflect your understanding of this important process, including what might happen if a company did not reconcile its accounts.