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3 years ago

(List in the correct order)

Business

1 answer:

oksano4ka [1.4K]3 years ago

4 0

Answer:

The correct order is as follows :

1. check for the final amount; it should be equal in the personal account register and the bank statement.

2. cross check all entries like deposits not credited and checks not presented for payment and adjust accordingly.

3. check off all the payments made in his personal account register and the bank statement.

4. check for bank charges and adjust the personal account register accordingly.

5. flag any suspicious looking charges or entries

Explanation:

A comparison of balances and entries in personal account register and the bank statement should be made accordingly during the reconciliation.

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