Author Question: A check register shows a balance of 383.75 . The bank statement shows a cash balance of 285.82 . The ... (Read 104 times)

stock · **on:** Jun 24, 2018

A check register shows a balance of 383.75 . The bank statement shows a cash balance of 285.82 . The check register shows an outstanding deposit of 142.93 and two outstanding checks of 37.41 and 12.65 . The bank statement shows a service charge of 7.00 and an interest deposit of 1.94 . Compute the adjusted cash balance of the check register and the bank statement.

Question 2

Alan Jackson bought 300 shares of MTY stock at 47 . Commission charges were 0.20 per share. A dividend of 1.70 per share was paid this year. Compute the rate of yield. (Round answer to two decimal places.)