Author Question: Adela received her bank statement on March 7, showing a balance of 2,668.02. The balance shown in ... (Read 337 times)

penguins · **on:** Jun 24, 2018

Adela received her bank statement on March 7, showing a balance of 2,668.02. The balance shown in her checkbook was 2,256.20. Deposits in transit amounted to 646.53 and there was a service charge of 7.00. Outstanding checks were 276.69, 380.00, 35.00, and 282.68, and the interest earned was 90.98. Find the reconciled balance.
A) 1,963.01
B) 2,340.18
C) 2,717.35
D) 3,279.90

Question 2

On December 10, you receive your bank statement showing a balance of 2,979.94. Your checkbook shows a balance of 2,778.88. Outstanding checks are 381.83 and 171.57. The account earned 126.83. Deposits in transit amount to 472.17, and there is a service charge of 7.00. Calculate the reconciled balance
A) 2,697.65
B) 3,099.77
C) 201.06
D) 2,898.71