1. Average Maintenance Per-Check Balance Charge Per Month Charge Less than $500 $12.00 $.20 $500 $1999 $ 7.50 $.20 $2000 $4999 $ 5.00 $.10 $5000 or more 0 0 Use the above table to find the monthly checking-account service charge for:

Ryan's Skate Place, 31 checks, average balance $1774

2. Average Maintenance Per-Check Balance Charge Per Month Charge Less than $500 $12.00 $.20 $500 $1999 $ 7.50 $.20 $2000 $4999 $ 5.00 $.10 $5000 or more 0 0 Use the above table to find the monthly checking-account service charge for:

Industrial Supply, 19 checks, average balance $4012

3. Average Maintenance Per-Check Balance Charge Per Month Charge Less than $500 $12.00 $.20 $500 $1999 $ 7.50 $.20 $2000 $4999 $ 5.00 $.10 $5000 or more 0 0 Use the above table to find the monthly checking-account service charge for:

Romero's Taco Hut, 16 checks, average balance $93

4. Use the information in the following table to reconcile the checking account of Designs & Decors Starting balance from bank statement $11,504.19 Checks outstanding #941 $ 1565.00 (check number is given first) #946 $ 92.17 #948 $ 42.18 #949 $ 452.15 Deposits not yet recorded $ 347.18 $ 502.91 $ 23.75 Bank charge $ 8.30 Interest credit $ 20.71

After calculating outstanding checks, deposits, charges, and credits what is Designs & Decors new balance?

5. Use the information in the following table to reconcile the checking account of Four Season Pool Care.

Find the dollar amount of outstanding checks.

Balance from bank statement	$ 4338.76
Checks outstanding (check number is given first)	956 -$147.29 957 -$31.45 961 -$62.99 965 -$856.24
Deposits not yet recorded	$274.19 $500.00 $74.85
Bank charge	$9.70
Interest credit	$25.31

6. Use the information in the following table to reconcile the checking account of Four Season Pool Care.

Find the dollar amount of Deposits.

Balance from bank statement	$ 4338.76
Checks outstanding (check number is given first)	956 $ 147.29 957 $ 31.45 961 $ 62.99 965 $ 856.24
Deposits not yet recorded	$ 274.19 $ 500.00 $ 74.85
Bank charge	$ 9.70
Interest credit	$ 25.31

Answer rating: 100% (QA)

Lets solve each question step by step 1 For Ryans Skate Place Number of checks 31 Average balance 1774 Using the table provided Since the average bala... View the full answer