Author Question: A check register shows a balance of 1,447.36 . The bank statement shows a cash balance of 1,572.53 . ... (Read 137 times)

kamilo84 · **on:** Jun 24, 2018

A check register shows a balance of 1,447.36 . The bank statement shows a cash balance of 1,572.53 . The check register shows an outstanding deposit of 1,000.00 and two outstanding checks of 750.00 and 390.00 . The bank statement shows a service charge of 6.75, a charge of 12.00 for printing checks, and an interest deposit of 3.92 . Compute the adjusted cash balance of the check register and the bank statement.

Question 2

Sam Hanson bought 600 shares of DVG stock at 27 . He sold the stock at 32 . Commission charges were 0.20 per share. Compute the dollar amount of gain or loss.