Explore BrainMass

# Reconcile bank statement and account register

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Taylor Flowers' bank statement shows a balance of \$135.42 and a service charge of \$8.00. The account register shows deposits of \$112.88 and \$235.45 that do not appear on the statement. The register shows outstanding checks in the amounts of \$17.42 and \$67.90 and two cleared checks recorded in the account register as \$145.69 and \$18.22. The two cleared checks actually were written for and are shown on the statement as \$145.96 and \$18.22. The register balance before reconciliation is \$406.70. Reconcile the bank statemnt with the account register.

#### Solution Preview

I have attached a file with an explanation.

BANKING
Taylor Flowers' bank statement shows a balance of \$135.42 and a service charge of \$8.00. The account register shows deposits of \$112.88 and \$235.45 that do not appear on the statement. The register shows outstanding checks in the amounts of \$17.42 and \$67.90 and two cleared checks recorded in the account register as \$145.69 and \$18.22. ...

#### Solution Summary

This solution explains how to reconcile a bank statement with an account register.

\$2.19