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cwatt
Oct 23, 2013, 06:18 AM
Bank statement bal, 4150, my bal. 3969.85-bank charges of 30.50, collection of 1236 by bank for note, undeposited receipts 3390, outst. Cks. 2136.05 NSF ck 253.20 ck for 90 entered in my cacct. As 60 ck for 491 enteer in my acct. as 419 and ck 58.20 was entered in my acct. as 582. My final balances ar bank 5403.95 and my bal. is 4500.35 what am I doing wrong?

rehmanvohra
Oct 24, 2013, 12:28 AM
Bank statement bal, 4150, my bal. 3969.85-bank charges of 30.50, collection of 1236 by bank for note, undeposited receipts 3390, outst. Cks. 2136.05 NSF ck 253.20 ck for 90 entered in my cacct. As 60 ck for 491 enteer in my acct. as 419 and ck 58.20 was entered in my acct. as 582. My final balances ar bank 5403.95 and my bal. is 4500.35 what am I doing wrong?

First: adjust cash book balance
Balance per cash book 3969.85
Bank note collected 1236
Bank charges (30.50)
NSF Check (253.20)
Check errors
Check 30 - excess entered
Check (72) - short entered
Check 523.80-excess entered
Adjusted balance 5403.95

Bank reconciliation
Balance per bank 4150
Deposit in transit 3390
Unpresented checks (2136.05)
Adjusted balance 5403.95