Reconcile a Bank Statement Quiz

A Bank account number

• A number that appears on the check, deposit slips, and bank statements identifying the bank.

• A number that appears on all checks, deposit slips, and bank statements identifying the owner of the account.

• A number that appears on all the checks identifying the sequence of check being written.

Statement period

• Dates on a bank statement indicate the date of each transaction occurs.

• Date on statement indicating the date the statement was printed.

• Dates on a bank statement that indicate the range of dates in which the transactions occurred.

Tags

CCSS.6.NS.C.7C

Reconciling

• the process of making it consistent

• Same as balancing; the process of verifying the bank’s records to make sure no errors have been made.

Reconciling, or ________ is the process of verifying a bank’s records to make sure no errors have been made.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

Deposits that do not appear on the bank statement are called __________

Checks that do not appear on the bank statement are ____

The amount of money in a checking account at the end of a statement period is

• ending balance

• starting balance

• running balance.

• cumulative balance

Tags

CCSS.6.NS.C.5

The amount of money in a checking account at the beginning of a statement period is

• cumulative balance

• ending balance

• starting balance

• running balance

Tags

CCSS.6.NS.C.5

A statement that includes all transactions that have occurred for a period of approximately 1 month in your checking and/or saving account(s)

• billing statement

• bank statement

• credit card statement

• mortgage statement