Author Question: Lorena received her bank statement on March 8, showing a balance of 3,296.14. The balance shown in ... (Read 617 times)

karateprodigy · **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