This topic contains a solution. Click here to go to the answer

Author Question: Lorena received her bank statement on March 8, showing a balance of 3,296.14. The balance shown in ... (Read 633 times)

karateprodigy

  • Hero Member
  • *****
  • Posts: 550
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

D

Answer to Question 2

B




karateprodigy

  • Member
  • Posts: 550
Reply 2 on: Jun 24, 2018
Wow, this really help


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library