Bank Reconciliation Journal Entries

The bank reconciliation journal entries below act as a quick reference, and set out the most commonly encountered situations when dealing with the double entry posting relating to bank reconciliation adjustments.

In each case the bank reconciliation journal entries show the debit and credit account together with a brief narrative. For a fuller explanation of journal entries, view our examples section.

Typical Bank Reconciliation Journal Entries


Bank charges journal entry
Account Debit Credit
Bank service charge expense XXX
Cash XXX

Notes receivable collected by the bank journal entry
Account Debit Credit
Cash XXX
Bank service charge expense XXX
Notes receivable XXX
Interest income XXX

Check from customer returned by bank, NSF journal entry
Account Debit Credit
Accounts receivable XXX
Cash XXX

Cash book check posting error journal entry
Account Debit Credit
Cash XXX
Expense XXX

Interest received from bank journal entry
Account Debit Credit
Cash XXX
Interest income XXX

Interest paid to bank journal entry
Account Debit Credit
Interest expense XXX
Cash XXX

Bank Reconciliation Journal Entries November 6th, 2016Team

You May Also Like


Related pages


stockholders equity calculationunearned revenues aredeferred revenue expenditure accounting treatmentperpetual cash flow formulasubsidiary ledgersannuity function excel4 stages of accounting cycleaccounting entry for accrued interestexcel prove it test answerspmt dividendjournal entries for accumulated depreciationactual manufacturing overheadsample mileage claim formaccrued interest journal entrywhat is freight out in accountingendowment funds definitiondefine daybookequation for ending inventorywhat accounts belong in the general ledgeraccrual to cash conversionbookkeeper interview testwhat is a accrued expensetotal cost of goods manufacturedaccounts receivable equationpreparation of petty cash bookaccounting debits and creditsaverage cost method formulaprudence in accountingvertical analysis of financial statements examplecumulative participating preferred stockamortise definitionhow to calculate production capacity in excelfv of an annuityformula annuity dueoperating lease accounting lessordays sales in receivables definitionannuity tables pdfcash receipts and cash disbursementsthe effective interest amortization methodhow to calculate the future value of an annuityhow to calculate days receivablesales mix calculationfob cost definitionperpetuity calculator future valuemulti step income statement formataccoutning equationthe allowance for doubtful accountsoverhead allocation rate formulaoperating asset turnover ratio interpretationpresent value annuity equationwhat is a transposition error in accountingfifo spreadsheet templateperiodic vs perpetual inventory systemirrevocable letter of credit costformula for a perpetuityusing irr in excelfree bank reconciliation templatepresent value annuity table pdfbank overdraft asset or liabilityaccounts receivable turnover in days formulaaccounts receivable subsidiary ledgerfinancial accounting debits and creditsbasic bookkeeping test questionseconomic entity assumption accountingaccrual based accounting examplegross profit percentagespv table annuity duereducing balance basisannuity table excelexample of multiple step income statementexample of economic entity assumptionpresent value of a bond calculatoraccounts receivable procedurecredit noea dividend preference for preferred stock means that