Bank account reconciliation is an accounting process that verifies the records in the account statement. Here is the online checkbook balance calculator to know the adjusted ending statement balance and the statement. Reconciliation makes sure that money leaving an account matches the amount that's been spent. In this bank reconciliation calculator enter the balances, total deposits and total withdrawals and submit to know the result.
Bank account reconciliation is an accounting process that verifies the records in the account statement. Here is the online checkbook balance calculator to know the adjusted ending statement balance and the statement. Reconciliation makes sure that money leaving an account matches the amount that's been spent. In this bank reconciliation calculator enter the balances, total deposits and total withdrawals and submit to know the result.
Do the account reconciliation for a bank account in which its balance in the check register be Rs. 20000, ending balance shown on the statement of Rs. 12000, total deposits of 25000, and total withdrawals of Rs.5000.
X = (12000 + 25000) - 5000
= Rs. 32000
Y = 20000 - 32000
= Rs. 12000
Your adjusted statement balance is Rs.12000 more than your check register balance.
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