Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Cannot get my bank reconciliation to balance (https://www.askmehelpdesk.com/showthread.php?t=772409)

  • Oct 23, 2013, 06:18 AM
    cwatt
    Cannot get my bank reconciliation to balance
    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?
  • Oct 24, 2013, 12:28 AM
    rehmanvohra
    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

  • All times are GMT -7. The time now is 05:31 PM.