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# Bank Reconcilation statement

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I am conducting a review inro how to properly record bookkeeping errors. Could you provide some assistance? Thanks.

Problem (also attached):

Describe how you would record each of the errors, listed below, on a cash reconciliation.

1. The bank recorded a deposit of \$200 as \$2,000.
2. The company's bookkeeper mistakenly recorded a deposit of \$530 as \$350.
3. The company's bookkeeper mistakenly recorded a payment of \$250 received from a customer as \$25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount.
4. The bank statement shows a check written by the company for \$255 was erroneously paid (cleared the account) as \$225.
5. The bookkeeper wrote a check for \$369 but erroneously wrote down \$396 as the cash disbursement on the company's records.

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#### Solution Preview

Complete the following tasks:

Describe how you would record each of the errors, listed below, on cash reconciliation.

1. The bank recorded a deposit of \$200 as \$2,000.
2. The company's bookkeeper mistakenly recorded a deposit of \$530 as \$350.
3. The company's bookkeeper mistakenly recorded a payment of \$250 received from a customer as \$25 on the bank deposit slip. The bank caught the error and made the deposit for the correct amount.
4. The bank statement shows a check written by the company for \$255 was ...

#### Solution Summary

This explains the recording of errors of Bank Reconcilation statement

\$2.49