Name _________________________

Period _______

Financial Planning & Money Management Bank Reconciliation Activity Chris has an account with TD Bank. He just received his bank statement that shows his balance is $4 .!!. Chris"s check re#ister balance shows a balance o$ $ %&'.((. )$ter reviewin# his bank statement he noticed a bank char#e o$ $'*.!! $or #oin# below $'!!. ) de+osit o$ $'!! that Chris made 4 da,s a#o is not on his bank statement. He also $ound a second de+osit he made ,esterda, $or $& (.%4 was also not on the bank statement. -hile lookin# at the bank statement Chris reali.es that he $or#ot to record check /(&40 $or $'!.!!0 in his re#ister. He also sees a de+osit $or $ 4 on his bank statement that he made at the be#innin# o$ the month is not in his re#ister. Chris went to Tar#et and s+ent $1 .4* usin# his debit card. He did not have his re#ister with him so he +ut the recei+t in his +ocket to record when he #ot home but accidentall, +ut his +ants throu#h the wash with the recei+t in them. -hen he took the +ants out the recei+t was too $aded to see the numbers so he was not able to record the amount. Chris +aid his car insurance 2$*4*.( 3 on the '%th o$ the month $rom his com+uter at work. He did not brin# his check re#ister with him so it was never recorded there. His sees the $ollowin# checks in his check re#ister but not on his bank statement4 Check Check Check Check /(&% /(&6 /(&( /(4! $&!.!! 2co5+a,ment at the doctor"s o$$ice3 $' (. 1 2monthl, car +a,ment3 $%.!! 2weekl, donation to his church3 $4*.!! 2vehicle re#istration3

7se the s+ace below to +re+are a bank reconciliation $or Chris usin# the in$ormation +rovided. 8how all o$ ,our work and label ever,thin#.

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Name _________________________

Period _______

Financial Planning & Money Management Bank Reconciliation Activity 9ordan has an account with -ells :ar#o. 8he just received her bank statement that shows her balance is $&044!.'%. 9ordan"s check re#ister balance shows a balance o$ $ *0% !.&6. 9ordan wrote a check $or $&0!!!.!! to bu, a used car but a$ter she +aid $or it 2b, check3 she reali.ed it wasn"t a ver, #ood car. 8he called the bank and +laced a sto+ +a,ment order. )$ter reviewin# her bank statement she $ound that the bank char#ed her $&!.!! $or sto++in# +a,ment on the check. 9ordan also remembered that she had to #o back and +ut the $&0!!!.!! back into her re#ister. 9ordan"s #rand+arents #ave her a colle#e #raduation +resent in the amount o$ $*0%!!.!! to assist her in bu,in# a car. ;ven thou#h she de+osited that check & da,s a#o it did not a++ear on her statement. 8he does however see a de+osit $or $'*%.!! on the bank statement that is not in her re#ister. 9ordan went to 8ta+les and bou#ht a new +ort$olio calendar $or the ,ear and s+ent $'1.(' usin# her debit card but never recorded it in her re#ister. -hile at 8ta+les she decided to use the )T< machine to take out mone,. 8he took out $6!.!! but the )T< char#ed her an )T< $ee o$ $'.%! she never recorded these in her re#ister either. 9ordan +aid her rent o$ $ %!.!! but the check has not cleared the bank ,et. 8he also noticed that a check she wrote $or $'%.!! did not a++ear on her statement. 8he doesn"t remember what she wrote it $or either. 9ordan also notices somethin# ver, disturbin#. ) check she wrote $or her student loan in the amount o$ $1' .(% was recorded in her re#ister as $'1 .(%. B=> <=8T)?;@@@ 8he needs to $iA this trans+osition error. 7se the s+ace below to +re+are a bank reconciliation $or 9ordan usin# the in$ormation +rovided. 8how all o$ ,our work and label ever,thin#.

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