wanting help becasue my reconcilitaion isn't matching:
kortwright indiacates a balance of 9000.2 on october 30 and after the journals had been posted the cash had a balance of 4677.1, please reconcile by the following:
1. cash sale of 342 had been wrong ly recorded as 324
2 depoits in transits not received yet of 700.00
3 bank debit memo for service charge of 30.
4. bank credit memo for note collected 2050, including 50 interest
5 bank debit memo for 207.40NSF check for custoemr
6 outstanding checks 3192.50

i have cr 9000.2 for beginning balace and then 700.00 for deposit in route and then i have 3192. outstand checks and 18. in erro on debits leaves 6490.20
then cash 4667.10
30 debit and 2050.00 debit now i am confused with what i have help???????

qcmar24

Ok This what you need to do
Bank balance..............................$9,000.2....B ook balance..........$4,677.1
Add............................................... .............Add
Deposit on transit........................700...........Sale wrongly record..18
.................................................. ................Note collected...........2,000
.................................................. ................Interest revenue.......50
.................................................$ 9,700.2..................................$6,745.1
Deduct............................................ ............Deduct
Outstanding checks.....................3,192.5.....Service charges.........30
.................................................. ...............NSF Check................207.4
Balance after adjustments..........$6,507.7.....Balance aft. adjust......$6,507.7

Hope that after seeing the answer everything will be clear to you