« previous next »

Author Question: A check register shows a balance of 346.71 . The bank statement shows that two checks of 42.34 and ... (Read 33 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
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

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 24, 2018
Answer to Question 1

244.12

Answer to Question 2

11,240


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Example of Reconciling a Bank Statement Example of Reconciling a Bank Statement
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
Fluid Balance during Exercise Fluid Balance during Exercise
Which of the above illustrations shows an acidic aqueous solution Which of the above illustrations shows an acidic aqueous solution
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library