OBJECTIVE 5 TOPIC- Use of a Bank Reconciliation in Controlling Cash. > NOTE: The T-Account method for bank reconciliations is a tool. NOTE: After the reconciliation is complete, you must follow through and write the adjusting entries into the journal and post to the ledger or you will still be out of balance on your statements. 11. What is the purpose of a bank reconciliation? What is being reconciled? 12. List the common items that may need to be added or subtracted from the Ledger Cash Balance. 13. List the common items that may need to be added or subtracted from the Bank Statement Balance. OBJECTIVE 6 TOPIC- Accounting for Special-Purpose Cash Funds. 14. Define Petty Cash Fund and explain the purpose of it. 15. What are is the journal entry to establish Petty Cash? 16. What is the journal entry to replenish Petty Cash