Common Errors in a Reconciliation Statement
  Service Charge
  Outstanding checks
  Late deposit
  Deposit written twice on the stub
  Check issued written twice on the stub
  Deposit omitted on the stub
  Check issued omitted on the stub
  Deposit wrongly recorded on the stub
  Check issued wrongly recorded on the stub
  Check deposit omitted on the stub

Sample Problem:

On June 1, 2012, Sam Paul was given his monthly bank statement showing the balance to be P3,412.70. On that date, his checkbook showed a balance of P4,240.70. Upon examining the bank statement and his checkbook, he discovered the following: Outstanding check was P807; deposit of 1,500 was not recorded on the stub; deposit of 1,237 was entered as 1,372 on the stub; check deposited for 5,186 was entered as 4,186 on the stub; deposit of 2,048 was recorded twice on the stub; 2,512 was late to be included in the bank statement; the bank deducted 40 as service fee. A check of 3,729 was written on the stub as 3,129. Prepare a reconciliation statement.