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Author Question: On December 15, you received your bank statement showing a balance of 2,263.28. Your checkbook shows ... (Read 454 times)

hbsimmons88

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On December 15, you received your bank statement showing a balance of 2,263.28. Your checkbook shows a balance of 2,434.44. Outstanding checks are 215.50 and 358.10. The account earned 78.51. Deposits in transit amount to 805.27, and there is a service charge of 18.00. Calculate the reconciled balance.
 A) 2,484.85
  B) 2,494.95
  C) 874.85
  D) 1,222.29

Question 2

On May 27, you received your bank statement showing a balance of 1,011.18. Your checkbook shows a balance of 1,024.34. Outstanding checks are 225.50 and 388.10. The account earned 88.51. Deposits in transit amount to 705.27, and there is a service charge of 10.00. Calculate the reconciled balance.
 A) 1,384.85
  B) 1,102.85
  C) 859.58
  D) 1,453.18



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billybob123

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Answer to Question 1

B

Answer to Question 2

B




hbsimmons88

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Reply 2 on: Jun 24, 2018
Wow, this really help


tkempin

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Reply 3 on: Yesterday
Excellent

 

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