Complete the check register given completely using the following information: The balance on December 10 is $3,900.50. On December 11, check #1223 is written for $84 to North Shore High School Drama Club. On December 12, a paycheck for $240.80 is deposited. On December 13, a birthday check for $100 is received from the grandparents. It is deposited later that day. On December 17, three checks are written while holiday shopping. One is to Best Buy for $480.21, one is to Target for $140.58, and one is to Aeropostale for $215.60. Staples sells computers. On December 20, a laptop is purchased for $1,250. A mistake is made on the first check, and the check must be voided. A correct check for the right amount is then written with the next available check. On December 22, a gift is returned to Barnes and Noble. The $120 amount is deposited into the checking account. On December 24, $300 is withdrawn from the ATM for food at a holiday party. The company that owns the ATM charges $1.50 fee for the transaction, and the customer's bank charges a $2.50 fee for the transaction. The fees are taken directly out of the checking account. On December 28, a check for $521 is written to Len's Auto Body Shop to repair a dent in the fender of a car. On December 29, a check is written to AMTRAK for $150.80 to visit a cousin in Washington, D.C. for New Year's Eve.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Complete the check register given completely using the following information:

The balance on December 10 is $3,900.50.
On December 11, check #1223 is written for $84 to North Shore High School Drama Club.
On December 12, a paycheck for $240.80 is deposited.
On December 13, a birthday check for $100 is received from the grandparents. It is deposited later that day.
On December 17, three checks are written while holiday shopping. One is to Best Buy for $480.21, one is to Target for $140.58, and one is to Aeropostale for $215.60.
Staples sells computers. On December 20, a laptop is purchased for $1,250. A mistake is made on the first check, and the check must be voided. A correct check for the right amount is then written with the next available check.
On December 22, a gift is returned to Barnes and Noble. The $120 amount is deposited into the checking account.
On December 24, $300 is withdrawn from the ATM for food at a holiday party. The company that owns the ATM charges $1.50 fee for the transaction, and the customer's bank charges a $2.50 fee for the transaction. The fees are taken directly out of the checking account.
On December 28, a check for $521 is written to Len's Auto Body Shop to repair a dent in the fender of a car.
On December 29, a check is written to AMTRAK for $150.80 to visit a cousin in Washington, D.C. for New Year's Eve.

NUMBER
PAYMENT
DEPOSIT
FEE
$ BALANCE
DATE
TRANSACTION DESCRIPTION
OR
AMOUNT
AMOUNT
CODE

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