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Mathematics 13 Online
OpenStudy (anonymous):

What is the first step toward reconciling your checkbook register?

OpenStudy (jacobciezki):

you need help

OpenStudy (anonymous):

yes

OpenStudy (jacobciezki):

ok im glade to help you in one sec

OpenStudy (anonymous):

ok

OpenStudy (jacobciezki):

The first step is to gather the documentation needed to complete the reconciliation: the check register, the bank statement and the previous reconciliation. While you can complete the following steps in any sequence, I think it makes sense to first compare the reconciling items from the previous statement to make sure they are no longer reconciling items: have all outstanding checks been presented, have any deposits in transit been credited, bank fees recorded, etc. Then you would compare all checks recorded in the…

OpenStudy (jacobciezki):

know you just have to read this

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