Kameron Gibson's bank statement showed a balance of $1,020.35. Kameron's checkbook had a balance of $282.10. Check Number 104 for $150.70 and check Number 105 for $16.35 were outstanding. A $666.60 deposit was not on the statement. He has his payroll check electronically deposited to his checking account-the payroll check was for $1,260.90. There was also a $10.70 teller fee and an $12.40 service charge. Prepare Kameron Gibson's bank reconciliation. Note: Input all amounts as positive values. Round your answers to 2 decimal places. Kameron's checkbook balance Add: Subtotal Deduct: Subtotal Reconciled balance BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance A
Kameron Gibson's bank statement showed a balance of $1,020.35. Kameron's checkbook had a balance of $282.10. Check Number 104 for $150.70 and check Number 105 for $16.35 were outstanding. A $666.60 deposit was not on the statement. He has his payroll check electronically deposited to his checking account-the payroll check was for $1,260.90. There was also a $10.70 teller fee and an $12.40 service charge. Prepare Kameron Gibson's bank reconciliation. Note: Input all amounts as positive values. Round your answers to 2 decimal places. Kameron's checkbook balance Add: Subtotal Deduct: Subtotal Reconciled balance BANK RECONCILIATION Bank balance Add: Subtotal Deduct: Reconciled balance A
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 5E
Related questions
Question
![Kameron Gibson's bank statement showed a balance of $1,020.35. Kameron's checkbook had a balance of $282.10. Check Number
104 for $150.70 and check Number 105 for $16.35 were outstanding. A $666.60 deposit was not on the statement. He has his payroll
check electronically deposited to his checking account-the payroll check was for $1,260.90. There was also a $10.70 teller fee and an
$12.40 service charge.
Prepare Kameron Gibson's bank reconciliation.
Note: Input all amounts as positive values. Round your answers to 2 decimal places.
Kameron's checkbook balance
Add:
Subtotal
Deduct:
Subtotal
Reconciled balance
BANK RECONCILIATION
Bank balance
Add:
Subtotal
Deduct:
Reconciled balance](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8e7bef43-9f10-42b9-8913-adcd8d6c40e2%2Ff5cc4191-8f24-4381-9583-417b34dfe6eb%2Fuq9f81_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Kameron Gibson's bank statement showed a balance of $1,020.35. Kameron's checkbook had a balance of $282.10. Check Number
104 for $150.70 and check Number 105 for $16.35 were outstanding. A $666.60 deposit was not on the statement. He has his payroll
check electronically deposited to his checking account-the payroll check was for $1,260.90. There was also a $10.70 teller fee and an
$12.40 service charge.
Prepare Kameron Gibson's bank reconciliation.
Note: Input all amounts as positive values. Round your answers to 2 decimal places.
Kameron's checkbook balance
Add:
Subtotal
Deduct:
Subtotal
Reconciled balance
BANK RECONCILIATION
Bank balance
Add:
Subtotal
Deduct:
Reconciled balance
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 1 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
![College Accounting (Book Only): A Career Approach](https://www.bartleby.com/isbn_cover_images/9781337280570/9781337280570_smallCoverImage.gif)
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
![Survey of Accounting (Accounting I)](https://www.bartleby.com/isbn_cover_images/9781305961883/9781305961883_smallCoverImage.gif)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
![College Accounting (Book Only): A Career Approach](https://www.bartleby.com/isbn_cover_images/9781337280570/9781337280570_smallCoverImage.gif)
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub
![Survey of Accounting (Accounting I)](https://www.bartleby.com/isbn_cover_images/9781305961883/9781305961883_smallCoverImage.gif)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning