Question

please help

Answer 1

Explain, using complete sentences, how you would reconcile your check register with your monthly bank statement.

Answer 2

You check off the checks, deposits, and other transactions that show on the bank statement against the check register. If the statement shows fees not included in your check register, you post those fees to the register.

Then take the bank statement balance, subtract all outstanding checks and debit transactions showing in your register. Add any deposits showing in your register that weren't on your bank statement. The balance should you get should match your check register balance. If not, go back and double check your check register math for an error.

Reconciling a checkbook should be done every month. It's simply a matter of verifying the accuracy of your bank statement and making sure you know exactly how much you have available in your account.