You balance a checkbook by comparing the amounts on your bank statement or in your bank account to the amounts you have in your checkbook or check register. Accountants refer to this as reconciling the bank statement or doing a bank reconciliation or bank rec (pronounced as "wreck").
How do you balance a checkbook?
- How do I write off old outstanding checks?
- What is a trial balance?
- What is the difference between an unadjusted trial balance and an adjusted trial balance?
- What is the difference between a trial balance and a balance sheet?
- What is bank balance and book balance?
- Where can I find an illustration of a common size balance sheet?
To learn more, see the Related Topics listed below:
Related TopicsBank Reconciliation