Presentation is loading. Please wait.

Presentation is loading. Please wait.

LESSON 5-2 Bank Reconciliation

Published bySherman McBride Modified over 5 years ago

Similar presentations

Presentation on theme: "LESSON 5-2 Bank Reconciliation"— Presentation transcript:

1 LESSON 5-2 Bank Reconciliation
2/17/2019 LESSON 5-2 Bank Reconciliation Blue

2 BANK STATEMENT page 124 LESSON 5-2

3 BANK STATEMENT RECONCILIATION
LESSON 5-2 2/17/2019 BANK STATEMENT RECONCILIATION page 125 1. Date 1 2. Check Stub Balance 2 5 3. Service Charge 4. Adjusted Check Stub Balance 6 3 7 5. Bank Statement Balance 6. Outstanding Deposits 8 4 9 7. Subtotal 8. Outstanding Checks 10 9. Adjusted Bank Balance 10. Compare Adjusted Balances LESSON 5-2 Blue

4 RECORDING A BANK SERVICE CHARGE ON A CHECK STUB
page 126 1. Write Service Charge $8.00 on the check stub under the heading “Other.” 2. Write the amount of the service charge in the amount column. 3. Calculate and record the new subtotal on the Subtotal line. 1 2 3 LESSON 5-2

5 JOURNALIZING A BANK SERVICE CHARGE
page 127 August 31. Received bank statement showing August bank service charge, $8.00. Memorandum No. 3. 4 1 2 3 1. Date. Write the date. 2. Debit. Write the title of the account to be debited. Record the amount debited. 3. Credit. Record the amount credited. 4. Source document. Write the source document number. LESSON 5-2

6 TERM REVIEW page 128 bank statement LESSON 5-2

Download ppt "LESSON 5-2 Bank Reconciliation"

Similar presentations

Chapter 5, Section 2 Bank Reconciliation

Chapter 5, Section 2 Bank Reconciliation
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3 Dishonored Checks and Electronic Banking  Recording a dishonored check on a check.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3 Dishonored Checks and Electronic Banking  Recording a dishonored check on a check.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.
Accounting I Unit I Chapters 1-5.

Accounting I Unit I Chapters 1-5.
© 2014 Cengage Learning. All Rights Reserved. Do Now ●If you have a checking account, do you keep records in your checkbook, or do you rely on online banking?

© 2014 Cengage Learning. All Rights Reserved. Do Now ●If you have a checking account, do you keep records in your checkbook, or do you rely on online banking?
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.
LESSON 5-2 Bank Reconciliation

LESSON 5-2 Bank Reconciliation
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-2 Bank Reconciliation  Bank statement  Bank statement reconciliation  Recording.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-2 Bank Reconciliation  Bank statement  Bank statement reconciliation  Recording.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.
© 2014 Cengage Learning. All Rights Reserved.

© 2014 Cengage Learning. All Rights Reserved.
Cash Control Systems. 2 12. Checking accounts Pages 119 - 121 Checking account– a bank account from which payments can be ordered by a depositor Endorsement–

Cash Control Systems Checking accounts Pages Checking account– a bank account from which payments can be ordered by a depositor Endorsement–
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.
CENTURY 21 ACCOUNTING © Thomson/South-Western Accounting I – Block 4 South Portland High School Instructor: Mr. Hunter.

CENTURY 21 ACCOUNTING © Thomson/South-Western Accounting I – Block 4 South Portland High School Instructor: Mr. Hunter.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Cash Control Systems Bank Reconciliation These slides are on the class website.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Cash Control Systems Bank Reconciliation These slides are on the class website.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3 Dishonored Checks and Electronic Banking.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3 Dishonored Checks and Electronic Banking.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-3 Dishonored Checks and Electronic Banking.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-3 Dishonored Checks and Electronic Banking.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.

CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-2 Bank Reconciliation.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-2 Bank Reconciliation.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-2 Bank Reconciliation.
© 2000 South-Western Educational Publishing BANK STATEMENT Lesson 6-2, page 131.

© 2000 South-Western Educational Publishing BANK STATEMENT Lesson 6-2, page 131.

Similar presentations

Ads by Google