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Author Question: A check register shows a balance of 346.71 . The bank statement shows that two checks of 42.34 and ... (Read 71 times)

CQXA

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on: Jun 24, 2018
A check register shows a balance of 346.71 . The bank statement shows that two checks of 42.34 and 56.25, deposited by the account owner, were drawn against a closed account and were returned as invalid. A charge for 2.00 for each deposit was also deducted by the bank because of the returns. Compute the adjusted cash balance of the check register.

Question 2

Fern sold 800 shares of Atlantic stock at 14.25 . Commission charges were 0.20 per share. Compute the proceeds of the sale.


maaaaaaaaaa

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

244.12

Answer to Question 2

11,240


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