Cash and cash equivalents

Question 1

What are the typical reconciling items in a cash reconciliation per the Banks statements?

Answer 1

The items included in the books but not in the bank statement are:
1. Checks outstanding (Subtract)
2. Deposits in transit (Add)

Question 2

What are the typical reconciling items in a cash reconciliation per the cash in books?

Answer 2

.
1. NSF charges (subtract)
2. NSF fees (subtract)
3. Bank fess (subtract )
4. Bank deposits not in cash per books (add)
2. Correction of errors (+/- depending on error)