How to get my to understand how to balance check book?
How to Balance Your Checkbook Reconciling your bank statement is the same as “balancing your checking account.” It simply means that you are comparing the amount you believe you have in your checking account to the amount the bank says you have in your checking account. If you and the bank are in agreement, then your account is balanced. There are several methods you can use to balance your checking account. You can use financial software such as Microsoft Money or you can use a spreadsheet program such as Microsoft Excel. Or, you can simply use the pencil and paper method. Here are the steps for the pencil and paper method: Gather your checkbook, your bank statement, a pencil and a calculator. Verify your withdrawals (i.e. checks, ATM withdrawals, and debits) by placing a checkmark in your checkbook next to each item that has cleared. (The items that have cleared are the one’s that are listed on your bank statement.) Record in your checkbook any items that have cleared but were not pr
