Intermediate Accounting 6 Cash and Receivables Procedures in preparing a bank reconciliation Compare the deposits listed on the company's records with the deposits on the bank statement 2 Compare the checks listed in the company's records with the checks shown on the bank statement 3 Identify any deposits or charges made directly by the bank that are not included in the company's records Determine the effect of any errors 6 Complete the bank reconciliationProcedures in preparing a bank reconciliation Intermediate Accounting 6 Cash and Receivables ① Compare the deposits listed on the company's records with the deposits on the bank statement; ② Compare the checks listed in the company's records with the checks shown on the bank statement; ③ Identify any deposits or charges made directly by the bank that are not included in the company's records; ④ Determine the effect of any errors; ⑤ Complete the bank reconciliation