Based on the following information, determine the true balance in your checking account. Balance in your checkbook $ 356 Interest earned on the account $ 4 Balance on bank statement 472 Total of outstanding checks 187 Service charge and other fees 15 Deposits in transit

Based on the following information, determine the true balance in your checking account. Balance in your checkbook Balance on bank statement Service charge and other fees $452 Balance on bank statement $631 Serbice charge and other fees 15 Interest earned on the account 6$ Total of outstanding checks 258$ Deposits in transit $70

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11. Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account. (See the related O Financial Literacy Calculations feature.) Balance in your checkbook, $ 356 Balance on bank statement, $472 Service charge and other fees, $15 Interest earned on the account, $4 Total of outstanding checks, $187 Deposits in transit, $60 O Et Type here to search

On the bank stub held by a checking account bank client, write the beginning balance of $100.00 and the deposits and checks drawn. Extract the ending balance. Withdrawals Check No. Deposits Date Particulars Balance 2011 Sept. 5 Drawn check no. 56 for $30,000 for payable to SMI Corp. for payment of invoice 45. Sept. 8 Issued check no. 57 to Mariano Co. for advances for travel expense. The amount received is $16,000. Received payment from customer Ely Tan for $34,000 for merchandise sold to him. Issued OR 312. Sept. 10 Sept. 15 Sept. 27 Sept. 29 The bank used a debit memo $800 for cost of blank check book. Payment to the BIIR for withholding taxes was $22,000. Check No. 58. Received from Marina Carlos $4,000 OR 313.

Using the following information, prepare the journal entries to reconcile the bank statement. Bank balance: $4,178 Book balance: $2,849 Deposits in transit: $323 Outstanding checks: $108 and $534 Bank service charges: $25 Notes receivable: $1,000; Interest income: $35 If an amount box does not require an entry, leave it blank.                        fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6     fill in the blank 8 fill in the blank 9     fill in the blank 11 fill in the blank 12     fill in the blank 14 fill in the blank 15

Using the following information, determine the adjusted bank balance. Bank balance: $6,925 Deposits in transit: $1,932 Outstanding checks: $584 Interest income: $130 NSF check: $275

On May 27, you received your bank statement showing a balance of $1,026.34. Your checkbook shows a balance of $1,056.29. Outstanding checks are $245.50 and $377.20. The account earned $62.59. Deposits in transit amount to $705.24, and there is a service charge of $10.00. Calculate the reconciled balance. $29.95 $943.80 O $1,003.70 O $1,108.88

Now, with Jacques’s latest bank statement and his check register or ledger in hand, you can examine the documents. Fourth State Bank of San Francisco, CA Statement of Account Jacques Smythe       June 20XX 550 Angel Street         San Francisco, CA       Account 348596 Date Description Subtractions Additions Balance 6-01 Previous balance     1,446.50 6-01 Deposit   300.00 1,746.50 6-03 Check 300 700.00   1,046.50 6-04 Check 301 350.00   696.50 6-05 ATM withdrawal 25.00   671.50 6-05 Deposit   75.00 746.50 6-11 ATM withdrawal 35.15   711.35 6-15 Deposit   300.00 1,011.35 6-18 Check 302 210.00   801.35 6-21 ATM withdrawal 47.65   753.70 6-22 Deposit   105.00 858.70 6-24 Check 303 70.00   788.70 6-26 ATM withdrawal 50.00   738.70 Jacques’s Account Ledger Date Transaction Description Deposit Withdrawals Balance Jun-01 Deposit - Payroll $300.00   $1,746.50 Jun-03 Check 300 - Rent   $700.00 1,046.50 Jun-04 Check 301 - Car payment…

Use the information from the attached image to answer questions 10 – 14. This is Mason's monthly bank statement and check register. What is the ending balance on the statement? Answers A. $1,352.61 B. $1,257.23 C. $1,241.66 D. $747.61 Question11. What is the total of the outstanding deposits? Answers A. $20 B. $625 C. $605 D. $8 Question12. What is the total of the outstanding withdrawals? Answers A. $130.95 B. $87.38 C. $8.00 D. $43.57 Question13. What is the revised statement balance? Answers A. $1,241.66 B. $1,277.23 C. $1,233.66 D. $1,352.61 Question14. What is the revised balance of the check register? Answers A. $1,198.09 B. $1,257.23 C. $1,233.66 D. $1,291.66