Question

What is involved in the process of reconciliation?

1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.
2) Make a list of deposits and credits, if any, that were made after the closing date on the statement or which have not cleared as of the statement date.
3) If the bank has paid interest to the account or taken out fees, record them in the register and check them off.
4) List outstanding withdrawals including checks, debits, and ATM transactions that have not cleared.​

Answer 1

1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.

Step-by-step explanation:

1) The checkbook register should be compared to the bank statement and if there is a mistake in the register, correct it.

Answer 2

The answer is going to be so pick number 2 B