Glencoe Accounting

Chapter 11: Cash Controls and Banking Activities

Homework Practice

Bank Reconciliation Statement


Download the bank reconciliation form by clicking on Accounting Forms from the Student Center. Using the given information, determine the beginning checkbook balance.

The bank statement shows a balance of $7,447.20.

Outstanding checks for the current period amount to $820.05.

The bank service charge for the current period is $35.10.

Deposits in transit amount to $690.25 for the current period.

A check for $295.50 is returned with the bank statement and marked NSF.

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