appointment. Help Jim reconcile Remington's Auto Clinic's checkbook and bank balance according to the following: bank statement balance, $19,000; checkbook balance, $22,385,330; interest earned, $4,200; deposits in transit, $100,950 and $22,379,200; ATM card fees, $1,200; outstanding checks-Number 10189, $59,290; Number 10192, $15,560; Number 10193, $23,400; and Number 10194, $12,570. Remington's checkbook balance Add: Subtotal Deduct: Reconciled balance BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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According to the Portland Business Journal, Jim Houser, a Portland auto specialist, landed a key Small Business Administration
appointment. Help Jim reconcile Remington's Auto Clinic's checkbook and bank balance according to the following: bank statement
balance, $19,000; checkbook balance, $22,385,330; interest earned, $4,200; deposits in transit, $100,950 and $22,379,200; ATM
card fees, $1,200; outstanding checks—Number 10189, $59,290; Number 10192, $15,560; Number 10193, $23,400; and Number 10194,
$12,570.
Remington's checkbook balance
Add:
Subtotal
Deduct:
Reconciled balance
BANK RECONCILIATION
Bank balance
Add:
Subtotal
Deduct:
Reconciled balance
Transcribed Image Text:According to the Portland Business Journal, Jim Houser, a Portland auto specialist, landed a key Small Business Administration appointment. Help Jim reconcile Remington's Auto Clinic's checkbook and bank balance according to the following: bank statement balance, $19,000; checkbook balance, $22,385,330; interest earned, $4,200; deposits in transit, $100,950 and $22,379,200; ATM card fees, $1,200; outstanding checks—Number 10189, $59,290; Number 10192, $15,560; Number 10193, $23,400; and Number 10194, $12,570. Remington's checkbook balance Add: Subtotal Deduct: Reconciled balance BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance
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