Sequence the steps that an accountant generally follows to prepare a bank reconciliation statement. Look for debit and credit memoranda and make adjustments in the checkbook balance.

Look for outstanding checks paid by the company, but not yet paid by the bank.
Compare the bank statement and the checkbook records to look for differences (if any).

Look for deposits to look for any deposit missed by either the company or the bank.
Post journal entries to make adjustments in the company’s records.

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position