What might you need to review if your balances don't match during reconciliation?

When reconciling your accounts, particularly your bank account with your financial records, it's essential to identify where discrepancies may arise. Reviewing receipts and statements is crucial because these documents provide detailed information regarding your transactions. They help you verify the amounts that have been recorded in your accounts against actual expenditures and deposits.

Receipts can show you what you’ve spent, while statements will summarize your transactions over a particular period. If your balances don't match, discrepancies could exist because of missed transactions, incorrectly recorded amounts, or even unauthorized charges. By examining receipts and statements, you can pinpoint the exact transactions contributing to the difference in balances, allowing for proper correction.

While pay stubs, investment statements, and credit card statements have their importance in financial tracking and management, they do not provide the direct transaction details needed for reconciliation as effectively as receipts and bank statements do. Therefore, they are not the most relevant documents when the goal is to resolve mismatched account balances.