Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account.
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Question:
Balance in your checkbook, $356
Balance on bank statement, $472
Service charge and other fees, $15
Interest earned on the account, $4
Total of outstanding checks, $187
Deposits in transit, $60
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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