> #finance , #banking > What does the bank r/do stand for in the debtors reconciliation ?
Anonymous
Apr 16

What does the bank r/do stand for in the debtors reconciliation ?

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Apr 16
The abbreviation "r/do" in debtors reconciliation stands for "received/deducted outstanding." This term is used to indicate any payments received or deductions made from the outstanding balance of a debtor.
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