Bank Reconciliation

Front

Checks that show up on your bank statement after the process is completed

Back

Cleared Checks

Front

When checks are bounced back and you are charged an overdraft fee. This is known as...

Back

NSF Checks

Front

A check you wrote that has not been deposited and cleared by the other party's bank is known as..

Back

Outstanding Check

Front

A cash deposit made by business appears on the bank statement as _______ balance.

Back

Credit

Front

What is the term for balancing a company's cash account to its bank account?

Back

Bank reconciliation

Front

In order to perform a bank reconciliation you will need the check register and which of the following?
Options: Bank Statement, Chart of Accounts, Accounts Payable, Accounts Receivable

Back

Bank Statement

Front

A_____________________ is a copy of the bank's customer's account in the books of the bank.

Back

Bank Statement

Front

What do you need to ADD to YOUR records that the bank has on their end?

Back

Interest Earned

Front

What are things that YOU know about that are NOT on the bank statement?

Back

Outstanding Checks

Front

NSF Check means...

Back

Non Sufficient funds