Reconcile a bank account using the check register and bank statement attached to answer the following questions:

Ending balance per statement $$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Plus deposits not included on statement $+\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Subtotal $$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Minus outstanding checks $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Total $$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Use the below procedure as a guide:

$$ Current month$$s bank statement

$$ Record of checks drawn or check register

$$ Calculator

$$ Pen$/$pencil

$1.$ All checks that have been paid by the bank should be checked on the record of checks drawn or the check register.

$2.$ Any charges applied to the account by the bank should be listed on the record$/$register and subtracted from the balance.

$3.$ Any interest deposits from the bank should be listed on the record$/$register and added to the balance.

$4.$ Take the ending monthly balance on the account and do the following$*$:

a$.$ Add any deposits made by the practice that are not included on the statement.

b$.$ Subtract any checks written by the practice that have not been paid by the bank.

c$.$ The total should then equal the ending balance in the record. If the total does not equal the balance in the record, you should look for errors in addition and subtraction when figuring the ending balance as well as any other errors that may be present in the record$/$register$.$

Submit your paper showing the work you did to arrive at the final answers for the above listed questions. Failure to show your work will result in mark deductions.

Bank Statement.png

Check Register.png