I can't understand what's going on with bank reconciliation.
It says Adjusted Balance= Statement Balance - Outstanding Checks + Outstanding Deposits.
Judging by the balances they're trying to compare, though, I have absolutely no idea what's going on or how to make them equal, when there is always so much more listed in the Transaction Register than the Bank Statement. Here's a question:
Edit: Sorry, I posted it in the wrong board. I meant to post it in the Urgent Homework Help board. If anyone could help me, that would be great.