Accounting - Ch. 11.2 Reconciling the Bank Statement

An itemized record of all transactions in a depositor's account over a given period, usually a month.

• Bank Statement

• Canceled Checks

• Outstanding Deposits

• Bank Service Charge

Checks that have been paid and deducted from the depositor's account

• Postdated Checks

• Outstanding Deposits

• Outstanding Checks

• Canceled Checks

Copies of original checks

• Outstanding Checks

• Imaged Checks

• Canceled Checks

• Outstanding Copies

The process of determining any differences between the bank statement and the checkbook

• Stopping Payment

• Reflecting the Bank Statement

• Endorsing a Check

• Reconciling the Bank Statement

Checks that have been written but have not yet been presented to the bank for payment

• Outstanding Deposits

• Outstanding Checks

• Canceled Checks

• Imaged Checks

Deposits that have been made and recorded in the checkbook but that do not yet appear on the bank statement

• Deposit Slips

• Bankcards

• Outstanding Deposits

• Outstanding Checks

a fee for maintaining bank records and processing bank statement items for the depositor

• Bank Service Charge

• Reconciling Fee

• NSF Check Fee

• Postdated Check Fee

a demand by the drawer, usually in writing, that the bank not honor a specific check

• NSF Check

• Stop Payment Order

• Postdated Check Order

• Canceled Check

A check returned to the depositor by the bank because the drawer's checking account does not have enough funds to cover the amount

• Endorsed Check

• Imaged Check

• Canceled Check

• NSF Check

A check with a future date

• NSF Check

• EFT Check

• Postdated Check

• Outstanding Check