Balancing a checkbook
Currently, we can easily access any bank service directly from our phones, as most banks provide their own apps.
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A few decades ago, however, it was common to carry a checkbook. Balancing a checkbook refers to the process of reconciling the transactions in your bank account with the transactions you have recorded in your checkbook or financial records.
It was a manual process where every time you wrote a check, you would record the transaction in your checkbook to keep track of your expenses. Then, the bank would provide a monthly statement of your accounts, which you could compare to your records.