Name _________________________

Period _______

Financial Planning & Money Management Bank Reconciliation Activity

Johnny Jones has an interest earning checking account with Shelbyville National Bank. He just received his bank statement that shows his balance is $ !"#.$". Johnny%s check register balance shows a balance o& $ !'#.' . (&ter reviewing his bank statement he noticed ' bank charges. )ne was a service charge o& $*.++ and the other was a charge &or new checks &or $'+.++ that he &orgot to record when he called to order the checks. He received $,.$# &or interest income. He also &ound a de-osit in transit o& $'"+.++ not on the bank statement. )n the bank statement were ! (./ withdraws &or $0*.++1 $ ++.++1 $'+.++1 and $* ."+ that were not recorded in his check register. His outstanding checks are2 3heck 3heck 3heck 3heck 4,+* 4,+0 4,+# 4, + $ ''."+ $ '".++ $,!'.*0 $ 0+.+$

5se the s-ace below to -re-are a bank reconciliation &or Johnny using the in&ormation -rovided. Show 6 label all o& your work.