Use Tina Weavers monthly statement and check register to reconcile her account. a. What is the ending
Question:
Use Tina Weaver’s monthly statement and check register to reconcile her account.
a. What is the ending balance on the statement?
b. What is the total of the outstanding deposits?
c. What is the total of the outstanding withdrawals?
d. What is the revised statement balance?
e. What is the balance of the check register?
f. Does the account reconcile?
Transcribed Image Text:
Tina Weaver 41 Slider Lane Greenwich, CT 06830 DATE 3/3 3/4 3/10 3/14 3/19 3/24 3/30 DESCRIPTION W/D DEPOSIT W/D W/D W/D DEPOSIT W/D CHECK NUMBER 395 396 393 394 398 ACCOUNT NUMBER: 766666600A STATEMENT PERIOD: 3/01-3/31 STARTING BALANCE- →$ 871.50 TRANSACTION AMOUNT $ 79.00 $ 600.00 $ 51.10 $12.00 $ 133.81 $ 250.00 $11.40 ENDING BALANCE- BALANCE $ 792.50 $ 1,392.50 $1,341.40 $ 1,329,40 $1,195.59 $1,445.59 $1,434.19 →$1,434.19
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ANSWER To reconcile Tina Weavers account we need to compare the transactions on her statement with those in her check register and ensure that the bal...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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