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Name: __________________________________________ Date: _____________ Score: _____________
Procedure 32–3 Steps
Start Time: End Time: Total Time:
Steps
Possible
Points
First
Attempt
Second
Attempt
Third
Attempt
1. Assemble equipment and supplies. 5
2. Compare the opening balance on the new statement with
the closing balance on the previous statement. List the
bank balance in the appropriate space on the
reconciliation worksheet.
10
3. In the checkbook, check off all deposits credited to the
account. Add to the bank statement balance any deposits
not shown on the bank statement.
15
4. Put checks in numeric order and compare the check
entries on the statement with the returned checks. Check
off all returned checks in the checkbook. Determine
whether you have any outstanding checks and, if so, list
them on the reconciliation worksheet and total them.
15
5. Subtract from your checkbook balance items such as
withdrawals, automatic payments, or service charges that
appear on the statement but not in the checkbook.
15
6. Add to your checkbook balance any interest earned as
indicated on your statement.
15
7. Make sure the balance in your checkbook and the balance
on the bank statement agree.
15
Points Awarded / Points Possible _____/
90
