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Author Question: A check register shows a balance of 1,447.36 . The bank statement shows a cash balance of 1,572.53 . ... (Read 129 times)

kamilo84

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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.


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ktidd

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

1,432.53

Answer to Question 2

2,760 (gain)


kamilo84

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Dnite

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

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