Checkbook balance:$1,792.50 Bank statement balance: $972.00 Checks outstanding (checks written which have not yet been cashed): Check No. 455 $50.00 Check No. 477 $88.00 Check No. 479$125.00 Deposits outstanding (deposits made but not yet recorded by the bank): 3/3$550.00 3/4$525.50 Bank service charge:$12.00 Interest earned on your account:$4.00 You have recorded all deposits in your checkbook. RECONCILIATION FORM Balance from bank statement $ Balance from checkbook $ Add outstanding deposits $ $ Add deposits not recorded $ Total outstanding deposits $ Total deposits not recorded $ Subtotal $ Subtotal $ Deduct outstanding checks $ $ $ Deduct bank fees $ Total outstanding checks $ Balance less fees $ Add interest earned $ Adjusted bank balance $ Adjusted checkbook balance $
Checkbook balance:$1,792.50 Bank statement balance: $972.00 Checks outstanding (checks written which have not yet been cashed): Check No. 455 $50.00 Check No. 477 $88.00 Check No. 479$125.00 Deposits outstanding (deposits made but not yet recorded by the bank): 3/3$550.00 3/4$525.50 Bank service charge:$12.00 Interest earned on your account:$4.00 You have recorded all deposits in your checkbook. RECONCILIATION FORM Balance from bank statement $ Balance from checkbook $ Add outstanding deposits $ $ Add deposits not recorded $ Total outstanding deposits $ Total deposits not recorded $ Subtotal $ Subtotal $ Deduct outstanding checks $ $ $ Deduct bank fees $ Total outstanding checks $ Balance less fees $ Add interest earned $ Adjusted bank balance $ Adjusted checkbook balance $
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5DQ
Related questions
Question
Checkbook balance:$1,792.50
Bank statement balance: $972.00
Checks outstanding (checks written
which have not yet been cashed):
Check No. 455 $50.00
Check No. 477 $88.00
Check No. 479$125.00
Deposits outstanding (deposits made
but not yet recorded by the bank):
3/3$550.00
3/4$525.50
Bank service charge:$12.00
Interest earned on your account:$4.00
You have recorded all deposits in your checkbook.
RECONCILIATION FORM
Balance from bank statement
$
Balance from checkbook
$
Add outstanding deposits
$
$
Add deposits not recorded
$
Total outstanding deposits
$
Total deposits not recorded
$
Subtotal
$
Subtotal
$
Deduct outstanding checks
$
$
$
Deduct bank fees
$
Total outstanding checks
$
Balance less fees
$
Add interest earned
$
Adjusted bank balance
$
Adjusted checkbook balance
$
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