1. From this information, prepare bank reconciliation for the Lamars as of October 5, 2015, using a form like the one in Worksheet 4.1.
2. Given your answer to Question 1, what, if any, adjustments will the Lamars need to make in their checkbook ledger? Comment on the procedures used to reconcile their checking account and their findings.
3. If the Lamars earned interest on their idle balances because the account is a money market deposit account, what impact would this have on the reconciliation process?Explain.

SCOTT AND ANGELA LAMAR 2128 E. ARBOR ST PHOENIX, ARIZONA THE AMERICAN BANK 800-000-0000 STATEMENT PERIOD SEPT. 6 OCT. 5, 2015 Opening Total Deposits. Balance Total Checks/ Ending for Periocd Withdrawals for Period $473.86 Deposits (Credits) $360.00 97.00 Balance $95.39 Balance $360.00 457.00 421.05 524.05 521.05 360.39 95.39 $0.00 $569.25 Withdrawals (Debits) Date Sept. 14 Sopt. 15 Sept 25 S45.20 Oct. 1 Oct. 1 Oct. 4 Oct. 5 RT Retumed Check FC Finance Charges 9.25 103.00 3.00 BC 65.90 $49.76 $45.00 265.00 DM Debit Mamo BC Bank Charges CM Credit Memo Checkbook Ledger Check Date Number 2015 Details Check DeposAccount Sept. 14 Cash gift from birthday Sept. 15 Scott's wages Sopt 24Kroger's -groceries Sept 27 Telephone bil Oct. Scott's wages Oct Univ. Bk. Sto-colege books Oct. 1 Walmart-sewing material Oct. 1 B. Hadley spartment rent Oct. 2 Anthem-health insurance Oct. 3 Kroger'sgroceries Oct. 4 Cash: gas, entertain., laundry Oct. 5 Angela's salary 3 AmounAmount Balance S360.00 S360.00 97.00 457.00 411.80 383.40 103.00 486.40 420.50 403.75 138.75 121,50 71.74 26,74 450.00476.74 101 $45.20 102 28,40 103 104 105 106 107 108 65.90 16.75 265.00 17.25 49.76 45.00