Reconciledrill

Level 6: Month-end close Exercise 28 of 30 Pro

Rental company close

A bank reconciliation exercise from Reconciledrill. Solve it with a bank statement and cash book side by side in your browser, and it is checked the moment you submit.

The task

Classify every line, enter both adjusted balances, then choose the journal entry the company must record for each item that affects its books.

What this exercise teaches

Only book-side items are journalized. The bank error is reported to the bank.

A hint if you get stuck

One error is the bank's. Bank errors need no journal entry; the bank corrects them.

This exercise is part of Pro

Pro unlocks all 30 exercises, with worked solutions and progress saved to your account. The free exercises work without an account.

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