1. Accounting #4 Bank Reconciliation

2. Accounting Assignment #4
Reconciling a checking account.
Reconcile: “The act of confirming that the balance in one's checkbook matches the corresponding bank statement.” (
On the class web page there is a bank statement and a check book to reconcile

3. Bank Statement Can you find the current balance for this account?
Summary for the month
Withdrawals:
Money taken out of your account.
Current Balance
Deposits: Money added to your account

4. Checking Account Deposit amounts Withdrawal amounts
Check Number / ATM / Check Card
+2 point bonus to convert this sheet to an excel spreadsheet.
Keep you eye open for deposits that the bank has not yet received.
How do you find checks that have not cleared?

5. 2 points E.C. Create one in Excel that will do the math for you!!!
Bank Reconciliation
New Balance from Bank STATEMENT……$________
ADD deposits in transit (Not at the bank)… $________
SUBTOTAL…………………………………...$________
SUBTRACT outstanding
Checks………………………………………….$________
Check # Amount
____ $ ________
Calculated Ending Balance…………………..$_______
The balance should match the balance in the check book!!
You need to create this document in Word to complete this assignment, OR for
2 points E.C. Create one in Excel that will do the math for you!!!