Contemporary Mathematics for Business & Consumers
8th Edition
ISBN: 9781305585447
Author: Robert Brechner, Geroge Bergeman
Publisher: Cengage Learning
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Textbook Question
Chapter 4.II, Problem 2RE
Bob Albrecht received his bank statement on July 5 showing a balance of $2.663.31.
His checkbook had a balance of $1,931.83. The statement showed a service charge of $15.80 and an electronic payroll deposit of $200.00. The deposits in transit totaled $314.12. and the outstanding checks were for $182.00, $261.40. and $418.00. Use the form below to reconcile Bob’s account.
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Helpp
Directions: Record the following transactions on the check
register below. Keep a running balance.
1. You have a beginning balance of $1054.65.
2. You receive your paycheck on July 9 for the amount of
$867.89. One hundred dollars was placed into your
2202savings account before depositing the rest into your
checking account. Total deposit was $767.89.
3. On July 11 you write check number 1029 to Time Warner
to pay your cable bill. Total amount is $45.56.
4. On July 13 you write check number 1030 to B.F.I. to pay
your garbage bill. Total amount is $56.78.
5. On July 13 you use your debit card to buy food at Publix.
Total amount is $34.56.
6. On July 14 you visit the mall and pull money out of an
ATM. It is not your bank's ATM and the fee is $2.00.
The amount that you withdraw is $40.00.
7. On July 15 you write check number 1031 to Pinellas
County Utilities to pay your water bill. Total amount is
$120.34.
8. On July 15 you write check number 1032 to Bank of
America to pay your mortgage.…
Find the savings plan balance after 6 months with an APR of 4% and monthly payments of $100.
...
The balance is $
(Do not round until the final answer. Then round to the nearest cent as needed.)
Chapter 4 Solutions
Contemporary Mathematics for Business & Consumers
Ch. 4.I - Use the following blank to write a check for...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Fill out the deposit slip for Hi-Volt Electronics...Ch. 4.I - From the following information, complete the two...Ch. 4.I - You are the owner of the Busy Bee Launderette....Ch. 4.I - Prob. 2RECh. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - You have just received a check. Your account...Ch. 4.I - Properly fill out the deposit slip for The Star...
Ch. 4.I - Properly fill out the deposit slip for Howard...Ch. 4.I - 8. From the following information, complete the...Ch. 4.I - From the following information, complete the...Ch. 4.I - 10. From the following information, complete the...Ch. 4.II - Using the form provided, reconcile the following...Ch. 4.II - 1. On April 3. Erin Gardner received her bank...Ch. 4.II - Bob Albrecht received his bank statement on July 5...Ch. 4.II - On December 2. John Leahy received his bank...Ch. 4 - 1. A(n) ___________ is a written order to a bank...Ch. 4 - On a check, the ___________ is the person or...Ch. 4 - When a(n) ___________ card is used, the amount of...Ch. 4 - 4. Write the word form of $52.45 as it would...Ch. 4 - Prob. 5CRCh. 4 - Prob. 6CRCh. 4 - Prob. 7CRCh. 4 - Prob. 8CRCh. 4 - Attached by perforation to checks, check...Ch. 4 - Prob. 10CRCh. 4 - Prob. 11CRCh. 4 - Prob. 12CRCh. 4 - Prob. 13CRCh. 4 - Prob. 14CRCh. 4 - Prob. 1ATCh. 4 - 2. You have just received a check. Your account...Ch. 4 - As cashier for Cellinis Pizza, it is your...Ch. 4 - Simon Fitzrowdy checked his checking account...Ch. 4 - Prob. 5ATCh. 4 - 6. On October 1, Jessica Clay received her bank...Ch. 4 - Using the form on page 121, prepare a bank...
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