video1.0<iframe src="https://www.loom.com/embed/c5313cb1c4a74d828054d3948076e676" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/c5313cb1c4a74d828054d3948076e676-df7c85ba16af67c1.gif100.935This Loom explains how to reconcile a bank account using the balance method by matching transactions one by one against the bank statement. It notes that with bank feeds, unreconciled balances usually happen only due to manual entries or timing differences such as a cheque being banked or a payment clearing a few days later. In the example, the presenter selects all items, unselects the one expected to carry forward, and then reconciles. The remaining unreconciled balance is $340, indicating the bank statement should show a $1.4 million overdraft.