RECONCILING CHECKING ACCOUNTS For Exercises 11 and 12, use the following table to reconcile each account and find the current balance. (See Example 1.) RECONCILIATION Compare the list of checks paid by the bank with your records. List and total the checks not yet paid. (1) Enter new balance from bank statement: (2) List any deposits made by you and not yet recorded by the bank: (3) Add all numbers from lines above. Total: (4) Write total of checks outstanding: (5) Subtract (4) from (3). This is adjusted bank balance: To reconcile your records: (6) List your checkbook balance: (7) Write the total of any fees or charges deducted by the bank and not yet subtracted by you from your checkbook: (8) Subtract line (7) from line (6). (9) Enter interest credit: (Add to your checkbook) +Newbalanceofyouraccount;thisnumber (10) Add line (9) to line (8). should be same as (5). Adjusted checkbook balance. RECONCILING CHECKING ACCOUNTS For Exercises 11 and 12, use the following table to reconcile each account and find the current balance. (See Example 1.) RECONCILIATION Compare the list of checks paid by the bank with your records. List and total the checks not yet paid. (1) Enter new balance from bank statement: (2) List any deposits made by you and not yet recorded by the bank: (3) Add all numbers from lines above. Total: (4) Write total of checks outstanding: (5) Subtract (4) from (3). This is adjusted bank balance: To reconcile your records: (6) List your checkbook balance: (7) Write the total of any fees or charges deducted by the bank and not yet subtracted by you from your checkbook: (8) Subtract line (7) from line (6). (9) Enter interest credit: (Add to your checkbook) +Newbalanceofyouraccount;thisnumber (10) Add line (9) to line (8). should be same as (5). Adjusted checkbook balance