Chicago Public Library
Bank Reconciliation
Operating Account ending 4410 (GL 10110 Cash, operating account)
As of October 31, 2025
| Balance per bank statement, October 31, 2025 | $22,181.82 | |
| Add: Deposits in transit | ||
| 10/31/2025 Transfer in from Corporate Fund | 15,000.00 | |
| Less: Outstanding checks | ||
| Check 40222 10/27/2025 Debi's Piano Tuning & Repair | 315.80 | |
| Check 40223 10/28/2025 Perk Products Inc | 155.43 | |
| Check 40224 10/31/2025 Perk Products Inc | 4,637.14 | (5,108.37) |
| Add: Bank error | ||
| Check 40214 paid at 110.52, written for 110.25 (Note 1) | 0.27 | |
| Adjusted bank balance | $32,073.72 | |
| Balance per general ledger, October 31, 2025 | $32,108.72 | |
| Less: Bank service charges not recorded | ||
| 10/31/2025 Account analysis fee (AJE 1) | (35.00) | |
| Adjusted book balance | $32,073.72 | |
| Difference | $0.00 |
| Prepared by: | Staff accountant | Date: | 11/06/2025 |
| Reviewed by: | Controller | Date: | 11/10/2025 |
Adjusting Journal Entry
| Entry | Date | Account | Debit | Credit |
|---|---|---|---|---|
| AJE 1 | 10/31/2025 | 61540 Bank service charges | 35.00 | |
| 10110 Cash, operating account | 35.00 | |||
| To record October bank account analysis fee per bank statement. Posted 11/07/2025. | ||||
| Total | 35.00 | 35.00 | ||
Notes
- Check 40214 to Debi's Piano Tuning & Repair was written for 110.25 (agrees to voucher PVCI25CI502209). The bank paid it at 110.52. The bank was notified and issued a credit memo for 0.27 on 11/05/2025. No book entry required.
- Outstanding items were traced to the November bank statement: Check 40222 (315.80) cleared 11/10/2025; Check 40223 (155.43) cleared 11/03/2025; Check 40224 (4,637.14) cleared 11/06/2025; the 15,000.00 transfer was credited 11/03/2025.
- All 13 October bank statement items are accounted for: 11 agree to the general ledger at the same amount (checks by check number, the transfer by date and amount), check 40214 differs by the bank error in Note 1, and the account analysis fee is recorded by AJE 1. Check 40220 covers two GL lines (one voucher with two payment lines).
Supporting Detail: Bank Statement, October 2025
| Ref | Date | Description | Amount | Matched to GL |
|---|---|---|---|---|
| 10/01/2025 | Opening balance | 12,480.00 | ||
| BS-1 | 10/01/2025 | BOOK TRANSFER CR CORP FUND | 50,000.00 | GL-1 |
| BS-2 | 10/10/2025 | CHECK 40211 | (761.10) | GL-2 |
| BS-3 | 10/15/2025 | CHECK 40212 | (3,749.50) | GL-3 |
| BS-4 | 10/21/2025 | CHECK 40213 | (6,662.23) | GL-4 |
| BS-5 | 10/27/2025 | CHECK 40214 | (110.52) | GL-5 (bank error, Note 1) |
| BS-6 | 10/28/2025 | CHECK 40215 | (21.23) | GL-6 |
| BS-7 | 10/29/2025 | CHECK 40216 | (1,178.05) | GL-7 |
| BS-8 | 10/29/2025 | CHECK 40217 | (404.80) | GL-8 |
| BS-9 | 10/29/2025 | CHECK 40218 | (330.75) | GL-9 |
| BS-10 | 10/30/2025 | CHECK 40219 | (1,222.52) | GL-10 |
| BS-11 | 10/30/2025 | CHECK 40220 | (25,092.05) | GL-11, GL-12 |
| BS-12 | 10/31/2025 | ACCOUNT ANALYSIS FEE | (35.00) | Not in GL, see AJE 1 |
| BS-13 | 10/31/2025 | CHECK 40221 | (730.43) | GL-13 |
| 10/31/2025 | Closing balance | 22,181.82 |
Supporting Detail: General Ledger, 10110 Cash, operating account
| Ref | Date | Description | Check | Voucher | Amount | Status |
|---|---|---|---|---|---|---|
| 10/01/2025 | Opening balance | 12,480.00 | ||||
| GL-1 | 10/01/2025 | Transfer in from Corporate Fund | Transfer | 50,000.00 | Cleared 10/01/2025 (BS-1) | |
| GL-2 | 10/06/2025 | Perk Products Inc | 40211 | PVCI25CI502132 | (761.10) | Cleared 10/10/2025 (BS-2) |
| GL-3 | 10/08/2025 | Davis Bancorp | 40212 | PVCI25CI502167 | (3,749.50) | Cleared 10/15/2025 (BS-3) |
| GL-4 | 10/15/2025 | Midwest Tape Exchange | 40213 | PVCI25CI502185 | (6,662.23) | Cleared 10/21/2025 (BS-4) |
| GL-5 | 10/21/2025 | Debi's Piano Tuning & Repair | 40214 | PVCI25CI502209 | (110.25) | Cleared 10/27/2025 (BS-5) |
| GL-6 | 10/22/2025 | Midwest Tape Exchange | 40215 | PVCI25CI502232 | (21.23) | Cleared 10/28/2025 (BS-6) |
| GL-7 | 10/23/2025 | Debi's Piano Tuning & Repair | 40216 | PVCI25CI502240 | (1,178.05) | Cleared 10/29/2025 (BS-7) |
| GL-8 | 10/23/2025 | B & L Distributors, Inc. | 40217 | PVCI25CI703063 | (404.80) | Cleared 10/29/2025 (BS-8) |
| GL-9 | 10/23/2025 | Debi's Piano Tuning & Repair | 40218 | PVCI25CI703076 | (330.75) | Cleared 10/29/2025 (BS-9) |
| GL-10 | 10/24/2025 | Midwest Tape Exchange | 40219 | PVCI25CI502247 | (1,222.52) | Cleared 10/30/2025 (BS-10) |
| GL-11 | 10/24/2025 | Midwest Tape Exchange | 40220 | PVCI25CI502251 | (20,974.20) | Cleared 10/30/2025 (BS-11) |
| GL-12 | 10/24/2025 | Midwest Tape Exchange | 40220 | PVCI25CI502251 | (4,117.85) | Cleared 10/30/2025 (BS-11) |
| GL-13 | 10/27/2025 | Perk Products Inc | 40221 | PVCI25CI502253 | (730.43) | Cleared 10/31/2025 (BS-13) |
| GL-14 | 10/27/2025 | Debi's Piano Tuning & Repair | 40222 | PVCI25CI502257 | (315.80) | Outstanding |
| GL-15 | 10/28/2025 | Perk Products Inc | 40223 | PVCI25CI502280 | (155.43) | Outstanding |
| GL-16 | 10/31/2025 | Transfer in from Corporate Fund | Transfer | 15,000.00 | Deposit in transit | |
| GL-17 | 10/31/2025 | Perk Products Inc | 40224 | PVCI25CI502304 | (4,637.14) | Outstanding |
| 10/31/2025 | Closing balance | 32,108.72 |