Bank reconciliation means accounting for the difference between
the balances that appear on the bank statement and in the
company’s Cash account. It involves adjusting both balances to
arrive at the adjusted cash balance.

The bank balance is adjusted for:

outstanding checks
deposits in transit
any bank errors.

The depositor’s book balance is adjusted for

service charges
NSF checks
interest earned
miscellaneous debits and credits.


George A Dergham & Associates
Bank Reconciliation
Our Mission
At Dergham & Associates, we pride
ourselves on building business
relationships by doing the right
thing, working with clients, while
maintaining professional integrity
Contact us: