Question

What are you primarily doing when you reconcile your checking account?

a.
Making sure the bank spelled your name properly.
b.
Making sure that your records match your bank’s records.
c.
Writing down the transactions that your bank automatically records so you don’t have to.
d.
Calling the bank to check the dates on each transaction.

Answer 1

B. making sure that your checks and debits match what the bank has to make sure there is no errors.

Answer 2

I believe the answer is: B. Making sure that your records match your bank’s records.

During this process, it is very common to see some difference between your records and the bank's. This could be caused by occurrence such as outstanding check, mistakes during recording, insufficient funds, etc. In order to fix this, you need to make an adjustment to find out why the difference occurs.