Regina received a bank statement for her account showing a monthly bank charge of $4.35. It also showed that check #502 for $378.56 had not yet been cashed. The bank statement showed a balance of $806.21. The balance in the check register is $432. Explain how to reconcile the two balances.

To reconcile the check register balance to the bank statement balance,

Going by that, the check register balance will be

= $432 - $4.35 + $378.56

= $806.21

This is same as the bank statement balance.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

a is the correct answer, tell me if im right

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation: