Bank Reconciliation

Question 1

Balance Per BANK Statement

Answer 1

+ Deposit in Transit
+ Cash on Hand
- Outstanding Checks
+/- Errors made by BANK

Question 2

Balance Per BOOKS

Answer 2

\+    Interest Earned
\+    Note Collected (by bank)
-     Service Charges
-     NSF checks (received)
\+/-  Errors made on BOOKS