bank reconcilation1专用课件.ppt

Chapter Five Cash Cash Currency, coins, checks, money orders ,bank drafts, Personal check, travelers checks, bank cashiers checks 银行存款与银行存款余额调节表Cash account and Bank reconciliation Bank Statement Balance ≠ Cash Account Balance  未达帐项： 1、企业已收、已记帐，银行尚未收、未记帐 2、企业已付、已记帐，银行尚未付、未记帐 3、银行已收、已记帐，企业尚未收、未记帐 4、银行已付、已记帐，企业尚未付、未记帐 Why? Deposits in transit Outstanding checks Collections ，Interest Income Service charges ，NSF (non sufficient funds) checks Company name Bank reconciliation Date-Month end of statement Bank statement balance Add: Deposits in transit (deposits made after the bank statement was issued and already added to the cash account) Deduct: Outstanding checks (already deducted from the cash account) Adjusted bank statement balance (the true balance of cash) (events we knew about but the bank did not know) ---------------------------------------------------------------------------------------------------------------- Ledger balance of cash Add: Credit memos (additions by the bank not recorded in the cash account by company: such as collection of notes Deduct: Debit memos (deduction by the bank not recorded in the cash account by company: such as service charges, NSF checks) Adjusted ledger balance of cash (the true balance of cash) (events the bank knew about but we did not know) Adjusted Bank = Adjusted Ledger The following information pertains to ABC company: 1. cash balance per bank July 31, $7263 2. July bank service charge not recorded by the depositor $15 3. cash balance per book July 31, $7190 4. Deposits in transit July 31, $1700 5. Note for $1000 collected for ABC in July by bank plus interest $36, and charge $20 for service. The collection has not been recorded by ABC and no interest has been accrued 6. Outstanding checks July