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Keeping the Records Straight
Maintain the Local's Records

Overview

Adjustments to the cash disbursements journal may need to be done if there are transactions (debits) performed by the bank that are not found in the journal. Service charges, fees charged for wire transfers or stop payment orders or any automatic debits that are arranged with vendors will appear on the bank statement at month end. Since these transaction do not appear in the CDJ, an adjustment must be made to reconcile with the bank’s closing balance.

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