Checkbook Adjusted Errors

Bank Reconciliations > Reconciliation Exercise

After Ma reviewed and analyzed her checkbook and other documents she found the following errors:

Checkbook Errors
Ref	Description	Add To Balance	Deduct From Balance
(1)	Ck #100 for $1,000 recorded twice in the Checkbook	10000
(2)	Deposit # 3 Addition Error		1000
(3)	Deposit # 4 s/be $5,000 not $500	5000	500
(4)	Ck #110 for $750 Added To Balance s/be Subtracted		1500
(5)	Ck #108 s/be $6,000 Not $600	600	6000
(6)	Ck# 109 for $200 Not Recorded In Checkbook		200
(7)	Deposit # 5 for $3,000 Not Recorded In Checkbook	3000
	Totals	9600	9200
	Net Increase In Checkbook	400

She corrected the errors in her checkbook as seen below. See the Section Highlighted in Burgundy. Numbers in parentheses () are used to reference the adjustments. The Checbook Balance after adjusting for the errors is $19,050.

Checkbook Errors Adjusted
Date	Reference	Payee/Description	Deposit	Deduction	Balance
Jan 5,xxxx	Dep 1	Opening Balance	25000		25000
Jan 6,xxxx	Check 100	Nice Landlord		1000	24000	?	(1)
Jan 7,xxxx	Check 101	Cheap Office Supply		1500	22500
Jan 8,xxxx	Check 103	Smalltown News		800	16700
Jan 9,xxxx	Check 104	Hotwire Electric		600	16100
Jan 10,xxxx	Check 105	Fixit Right		400	15700
Jan 11,xxxx	Dep 2	Daily Sales	2000		17700
Jan 15,xxxx	Check 106	Dirtyman Garbage		100	17600
Jan 6,xxxx	Check 100	Nice Landlord		1000	16600	?	(1)
Jan 16,xxxx	Dep 3	Daily Sales	1000		18600	?	(2)
Jan 17,xxxx	Check 107	Pretty Brochures		200	18400
Jan 20,xxxx	Check 108	Old Store		600	17800	?	(5)
		Ck #109 Not Recorded				?	(6)
Jan 20,xxxx	Dep 4	Daily Sales	500		18300	?	(3)
		Dep 5 Not Recorded				?	(7)
Jan 23,xxxx	Check 110	Sturdy Shipping Crates		750	19050	?	(4)
Jan 25,xxxx	Check 111	Nice Landlord		1000	18050
Jan 26,xxxx	Check 112	Fancy Antiques		3000	15050
Jan 27,xxxx	Check 113	Talktoyou Phones		1800	13250
Jan 26,xxxx	Dep 6	Daily Sales	800		14050
Jan 28,xxxx	Check 114	Talkalot Service		200	13850
Jan 28,xxxx	Dep 7	Daily Sales	700		14550
Jan 29,xxxx	Check 115	Bean Counter Acctg		300	14250
Jan 30,xxxx	Dep 8	Daily Sales	2500		16750
Jan 31,xxxx	Dep 9	Daily Sales	1900		18650
		Errors
Jan 6,xxxx		Ck # 100 $1000 Recorded Twice		<1000>	19650		(1)
Jan 16,xxxx		Deposit # 3 Addition Error			<1000>		(2)
		Adjusted Balance			18650		(2)
Jan 20,xxxx		Deposit # 4 s/be $5000	5000		23650		(3)
		Not $500	<500)		23150		(3)
Jan 23,xxxx		Ck# 110 $750 Added To Balance s/be Subtracted			<1500>		(4)
		Adjusted Balance			21650		(4)
Jan 20,xxxx		Ck #108 s/be $6000		<600>	22250		(5)
		Not $600		6000	16250		(5)
Jan 21,xxxx		Ck #109 Not Recorded In
		Checkbook		200	16050		(6)
Jan 24,xxxx		Deposit 5 Not Recorded In Checkbook	3000		19050		(7)