Your checkbook balance shows $706.50. The bank statement shows $772.77. The bank paid $2.50 interest. Checks 1501 ($85.00), 1507 ($50.16), and 1511 ($20.50) are not shown on the statement. A service charge of $5.00 was levied by the bank. You made an $85.00 deposit yesterday that is not on th statement. What is the reconciled balance? (Show all work.)

Your checkbook balance shows $706.50. The bank statement shows $772.77. The bank paid $2.50 interest. Checks 1501 ($85.00), 1507 ($50.16), and 1511 ($20.50) are not shown on the statement. A service charge of $5.00 was levied by the bank. You made an $85.00 deposit yesterday that is not on th statement. What is the reconciled balance? (Show all work.)

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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