What three things should you document in the checkbook register? You should also reconcile your check register with your bank statement on a regular basis, to ensure that your check register is accurate.Ī check register can help you to track your spending and prepare for the end of the year tax time. It is important to keep accurate records in your check register so that you can track your spending and budget accordingly. It must record all debits, credits, and deposits to your bank account. The balance shown in your check register should match the balance shown on your bank statement.įor each transaction, it must list the date, the amount of the transaction, and what it was for. This means that the money has been transferred from the bank to your account and is no longer pending.
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