Author Question: On December 15, you received your bank statement showing a balance of 2,263.28. Your checkbook shows ... (Read 450 times)

hbsimmons88 · **on:** Jun 24, 2018

On December 15, you received your bank statement showing a balance of 2,263.28. Your checkbook shows a balance of 2,434.44. Outstanding checks are 215.50 and 358.10. The account earned 78.51. Deposits in transit amount to 805.27, and there is a service charge of 18.00. Calculate the reconciled balance.
A) 2,484.85
B) 2,494.95
C) 874.85
D) 1,222.29

Question 2

On May 27, you received your bank statement showing a balance of 1,011.18. Your checkbook shows a balance of 1,024.34. Outstanding checks are 225.50 and 388.10. The account earned 88.51. Deposits in transit amount to 705.27, and there is a service charge of 10.00. Calculate the reconciled balance.
A) 1,384.85
B) 1,102.85
C) 859.58
D) 1,453.18