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Author Question: A check register shows a balance of 3,683.52 . The bank statement shows a cash balance of 10,020.18 ... (Read 122 times)

leo leo

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on: Jun 24, 2018
A check register shows a balance of 3,683.52 . The bank statement shows a cash balance of 10,020.18 . The check register shows two outstanding checks of 1,348.31 and 5,000.00 . The bank statement shows a service charge of 11.65 . Compute the adjusted cash balance of the check register and the bank statement.

Question 2

Sam Cooper bought 200 shares of MTV stock at 54 . He sold the stock at 52 . Commission charges were 0.20 per share. Compute the dollar amount of gain or loss.


whitcassie

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Reply #1 on: Jun 24, 2018
Answer to Question 1

3,671.87

Answer to Question 2

480 (loss)


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leo leo

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Reply #2 on: Jun 24, 2018
Correct answers!


whitcassie

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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