does anybody know how to do a Bank Reconcillation? I need some serious help!

Question

directrix · Answer

Do you have a problem to solve? The procedure is outlined at the following link: http://www.accountingcoach.com/online-accounting-course/13Xpg01.html

anonymous · Answer

yes I do. But I just am so lost.... I cant understand and tutorials dont make sense/

directrix · Answer

Will you post the problem?

anonymous · Answer

Prepare a bank reconciliation for XYZ Company at September 30 using the following information:
Balance per XYZ Company bank statement at September 30               $7,351.10
Outstanding checks                                                                            $5,645.45
NSF Checks from Customer                                                                $444.22
Deposits in Transit                                                                             $7,135.46
Interest Revenue                                                                                $100.00
Service Charge						                                         $230.00
Cash balance per XYZ’s records at September 30                              $9.415.63