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Financial Algebra 3.2 – Reconcile a Bank Statement

Published in Financial Algebra, Vlogs

In this section we will reconcile a checking account with a bank statement both by hand and using a spreadsheet. We define account number, bank statement, statement period, starting and ending balances, outstanding deposits, outstanding checks, balancing and reconciling. Accounting is not difficult but it is tedious. Take it one transaction at a time and get in the habit of doing it daily. www.SiasFirst.com for more Financial Algebra lessons and our podcast Business Bros. #SiasFirst #NansCents #BusinessBros #FinancialAlgebra

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