Errors on both sides
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 the correction for any error, then the adjusted bank and book balances.
What this exercise teaches
The bank cleared check for 840 instead of 480: a bank error corrected on the bank side. The books recorded 1,690 for a 1,960 check: corrected on the book side.
A hint if you get stuck
One wrong amount is in the books, one at the bank. Ask which side recorded the check as it was written.
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