Module 3 (Enhanced): The Mini-Recon Simulator
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The Mini-Recon Simulator

Bank Reconciliation Challenge

The Scenario

At the end of the month, your records show a different balance from the bank's records. Your job is to reconcile them by choosing the correct action for each item.

Cash Book Balance:
Bank Statement Balance:

Reconciling Items to Process

Updated Cash Book (UCB)

Balance as per Cash Book

Add: Items Bank Knew (BUY)

    Less: Items Bank Took (USE)

      Adjusted Cash Book Balance

      Bank Reconciliation Statement (BRS)

      Balance as per Bank Statement

      Add: Deposits in Transit (DIT)

        Less: Unpresented Cheques (UPC)

          Adjusted Bank Balance
          Awaiting processing...