Banks are finding more ways to charge fees, such as a $34.60 overdraft fee. Sue McVickers...

 

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Banks are finding more ways to charge fees, such as a $34.60 overdraft fee. Sue McVickers has an account in Fayetteville; she has received her bank statement with this $34.60 charge. Also, she was charged a $14.20 service fee; however, the good news is she earned $6.25 interest. Her bank statement's balance was $546.45, but it did not show the $1,288.65 deposit she had made. Sue's checkbook balance shows $731.70. The following checks have not cleared: Number 250, $645.45; Number 253, $291.00; and Number 254, $209.50. Prepare Sue's bank reconciliation. Banks are finding more ways to charge fees, such as a $34.60 overdraft fee. Sue McVickers has an account in Fayetteville; she has received her bank statement with this $34.60 charge. Also, she was charged a $14.20 service fee; however, the good news is she earned $6.25 interest. Her bank statement's balance was $546.45, but it did not show the $1,288.65 deposit she had made. Sue's checkbook balance shows $731.70. The following checks have not cleared: Number 250, $645.45; Number 253, $291.00; and Number 254, $209.50. Prepare Sue's bank reconciliation.

Answer rating: 100% (QA)

Sues bank reconciliation is as follows Balance per bank statement 54645 Add Deposit not shown on ban... View the full answer