Franklin's bank statement showed a balance of $2,592.58. There were 2 ATM fees of $3.00 and $2.50.
Question:
Franklin's bank statement showed a balance of $2,592.58. There were 2 ATM fees of $3.00 and $2.50. He had made three outstanding deposits not recorded by the bank for $115, $619.78, and $45.90. The outstanding checks were in the amounts of $23.89, $515.78, and $19. What is the adjusted bank balance?
Annie Hamilton's bank statement showed a balance of $1,489.13. There are $365.75 in outstanding checks. There is one outstanding deposit of $385.00. The bank charged $5.50 in ATM fees. What should her checkbook balance be?
Janice Thomas wrote a check for $213.75 but recorded the check in her checkbook register as $203.75. Will her running balance show more or less money and by how much?
Mrs. Washington deposited her paycheck of $818.57 into her checking account. She accidentally recorded the deposit in her checkbook as $828.57. Her checkbook balance showed $1,878.45. What should it show?
Omar wrote a check for $146.89 but recorded it in his checkbook as $156.89. His checkbook balance showed $574.34 What should it show?
Mr. Jackson's bank statement shows a balance of $1,278.65. There are three outstanding deposits of $145, $50, and $714.90. The outstanding checks were: Check 567 for $236.89, Check 569 for $27.43, Check 570 for $8, and Check 573 for $45.39. If Mr. Jackson's checkbook balance shows $1,843.41, what did he fail to record?
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine