Edward is reconciling his bank statement and personal account register. What are the steps that he should follow?
check for bank charges and adjust the
personal
account register accordingly
check off all the payments made in his
personal
account register and the bank statement
flag any suspicious looking charges or
entries
check for the final amount, it should be
equal
in the personal account register and the
bank statement
cross check all entries like deposits not
credited
and checks not presented for payment
and
adjust accordingly