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Author Question: Lorena received her bank statement on March 8, showing a balance of 3,296.14. The balance shown in ... (Read 630 times)

karateprodigy

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on: Jun 24, 2018
Lorena received her bank statement on March 8, showing a balance of 3,296.14. The balance shown in her checkbook was 2,796.69. Deposits in transit amounted to 348.11 and there was a service charge of 6.00. Outstanding checks were 280.35, 283.66, and 161.93, and the interest earned was 127.62. Find the reconciled balance.
 A) 2,790.69
  B) 3,296.14
  C) 2,570.20
  D) 2,918.31

Question 2

Moon Lee received her bank statement on September 8, showing a balance of 2,009.32. The balance shown in her checkbook was 2,469.31. Deposits in transit amounted to 1,197.87 and there was a service charge of 6.00. Outstanding checks were 310.18 and 324.50, and the interest earned was 109.20. Find the reconciled balance.
 A) 2,363.31
  B) 2,572.51
  C) 2,474.51
  D) 1,247.18


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reversalruiz

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

D

Answer to Question 2

B


karateprodigy

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

pratush dev

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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