BANK STATEMENT Date Checks Deposits Other Balance May 1 $ 200 4 #2 $ 10 $ 50 240 12 #4 100 NSF check $ 50 90 28 #5 20 70 30 #6 15 200 255 May 31 #8 55 Service charge 5 195 Cash (A) May 1 200 May 3 50 10 May 3 #2 70 May 4 #3 100 May 8 #4 20 May 11 #5 15 May 21 #6 May 29 200 25 May 29 #7 May 30 150 55 May 30 #8 May 31 305 How would i find the amount of outstanding deposits??
BANK STATEMENT Date Checks Deposits Other Balance May 1 $ 200 4 #2 $ 10 $ 50 240 12 #4 100 NSF check $ 50 90 28 #5 20 70 30 #6 15 200 255 May 31 #8 55 Service charge 5 195 Cash (A) May 1 200 May 3 50 10 May 3 #2 70 May 4 #3 100 May 8 #4 20 May 11 #5 15 May 21 #6 May 29 200 25 May 29 #7 May 30 150 55 May 30 #8 May 31 305 How would i find the amount of outstanding deposits??
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
| BANK STATEMENT | ||||||||||||||
| Date | Checks | Deposits | Other | Balance | ||||||||||
| May 1 | $ | 200 | ||||||||||||
| 4 | #2 | $ | 10 | $ | 50 | 240 | ||||||||
| 12 | #4 | 100 | NSF check | $ | 50 | 90 | ||||||||
| 28 | #5 | 20 | 70 | |||||||||||
| 30 | #6 | 15 | 200 | 255 | ||||||||||
| May 31 | #8 | 55 | Service charge | 5 | 195 | |||||||||
| Cash (A) | |||
| May 1 | 200 | ||
| May 3 | 50 | 10 | May 3 #2 |
| 70 | May 4 #3 | ||
| 100 | May 8 #4 | ||
| 20 | May 11 #5 | ||
| 15 | May 21 #6 | ||
| May 29 | 200 | 25 | May 29 #7 |
| May 30 | 150 | 55 | May 30 #8 |
| May 31 | 305 |
How would i find the amount of outstanding deposits??
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